creditcards

Could Real Swipe Fee Relief Be On the Way?

Some speculate Visa and MasterCard could settle lawsuit before September Court date. Visa Inc. and MasterCard Inc. are reportedly prepared to settle a seven-year lawsuit brought by retailers, regarding swipe fee costs, sometime late this month—even as soon as next week, Bloomberg reported. The deal may include payments to retailers and a temporary cut in

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Excentus Files Lawsuit Against QuikTrip

Suit alleges that Chopper Shopper Fuel Rewards program infringes on patents owned by Excentus. Excentus Corp. has filed a patent and trademark infringement lawsuit against QuikTrip Corp., Midax, Inc. and several companies operating Price Chopper grocery stores. The suit, filed in the United States District Court for the Western District of Missouri for unspecified damages,

By the Numbers

» 13 Months in prison Ashraf “Mike” Ali, owner of 26 Fast and Easy convenience stores in California’s Bay Area, will serve for an elaborate scheme to defraud the Small Business Administration. » 25 Ranking for Love’s Travel Stops & Country Stores on Forbes’ 2008 list of the largest private companies in the U.S., a

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