TITLE

Shake Down, or Shaking Hands?

AUTHOR(S)
Fest, Glen
PUB. DATE
January 2008
SOURCE
Bank Technology News;Jan2008, Vol. 21 Issue 1, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the allegations by Heartland Payment Systems Inc. that Chase Paymentech Solutions LLC has been using its close ties with MICROS Systems Inc. to undercut competition and hurt merchants in the U.S. The author cites that an analyst found that the issue is commonly known and point-of-sale vendors refute it as myth. However, both accused companies have denied the claims and pledge to fight the lawsuit.
ACCESSION #
28693059

 

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