America's National Retail Federation (NRF) says it will go to court to block a $7.25 billion class action settlement with Visa and MasterCard over credit card interchange fees.
"Combined credit and debit card swipe fees tripled over the past decade to about $50 billion a year - driving up prices an estimated $427 for the average household..."
And, in the one year since the Fed capped debit card fee last year, can NRF enlighten us about how much its members have enabled the average household to save by reducing sticker prices?
Excellent salary with uncapped commissionMilton Keynes
© Finextra Research 2013