Lower Credit Card Transaction Fees on Horizon?

Brooks, Roger L.
January 2008
Convenience Store News;1/14/2008, Vol. 44 Issue 1, p88
Trade Publication
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.


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