TITLE

Lower Credit Card Transaction Fees on Horizon?

AUTHOR(S)
Brooks, Roger L.
PUB. DATE
January 2008
SOURCE
Convenience Store News;1/14/2008, Vol. 44 Issue 1, p88
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on ways to offset retailers' expense through loyalty programs and alternative payment methods. It expects the major credit card brands to become just another option for payment for the convenience (c) stores. Interchange fees are the second largest industry expense next to total labor expenses. Several short-term solutions for c-store operators including Card Processing Program are discussed. It suggests operators to look for innovative ways to offset their credit card fees.
ACCESSION #
28513267

 

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