In March, a settlement was reached in the longstanding litigation over Visa and Mastercard’s swipe fees and operating rules, reported NACS Daily.
While the credit card industry is lauding the settlement as a resolution for retailers, NACS has serious concerns with the settlement and how it protects Visa and Mastercard’s price-fixing structure to the detriment of retailers nationwide.
NACS is hosting a webinar to cover the details of the settlement:
- Swipe Fee Settlement: What Does It Mean for You?
- April 16, 2024, 2:00 p.m. EST
- Register Now
This webinar will provide an in-depth analysis of the settlement details and its importance to the future of the payments system.
Featured speakers:
Anna Ready Blom, Director of Government Relations at NACS
Blom joined NACS in January 2015. At NACS, Blom advocates for the policy priorities of the convenience store industry. Her focus is on policies related to payments, swipe fees, SNAP and tobacco. In addition, she manages the political engagement team at NACS, which includes NACSPAC and the industry’s grassroots efforts. Prior to joining NACS, Blom served as vice president of Sentinel Strategic Advisors, where she worked with corporate and association clients to implement their grassroots and political engagement strategies.
Doug Kantor, General Counsel at NACS
Kantor joined NACS in May 2021. Prior to that, Kantor most recently served as a partner at Steptoe & Johnson LLP, working with a range of clients, including the NACS government relations team. Kantor worked to define effective policy-based solutions to public policy issues ranging from fuels to financial services. Kantor also established and administered coalitions of companies and trade associations that share common legislative and regulatory objectives. Kantor also served as counsel to the Merchant Advisory Group, Society of Independent Gasoline Marketers of America, National Grocers Association, Merchants Payments Coalition and Main Street Privacy Coalition, among other groups.
Join NACS and learn the details of the credit card fee settlement and how and why there should be better outcomes for the convenience industry. Register today.