The National Association of Convenience Stores (NACS) is urging retailers to contact legislators one more time as the financial reform bill, which contains the swipe fee amendment, goes to a vote. Last week, House and Senate financial services reform negotiators agreed to finalize the financial bill with the swipe fee reforms included. Now, both the…
Vermont Passes Interchange Law
Vermont has passed legislation governing interchange fees on credit and debit card transactions, becoming the first state to take such action, the Washington Post reported. The move comes just one week after the U.S. Senate approved an amendment that would address interchange fees to the financial overhaul bill. “What Vermont has done is a first…