CardRates.com: Interchange at Risk in Illinois
Merchant groups came out in support of the ruling, with the Merchant Payments Coalition releasing a statement that labeled it a major victory.
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KNSD-TV: The true cost of credit-card swipe fees and the push to lower them
Doug Kantor is with the National Association of Convenience Stores, which is part of the Merchants Payments Coalition. He said more competition would benefit businesses and consumers. "When the merchant has more money, than they can pay their employees or expand and open a new store — that's good for everybody," Kantor said. "When customers have more money in their pockets so that they can buy more things, that's good for everybody. It's good for the economy. It's good for the customer. So taking that friction out, that really adds up."
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Paint and Decorating Retailer: Valentine’s Day Shoppers Face $683 Million in Credit Card Swipe Fees
“For restaurants, swipe fees are anything but a love story,” says MPC executive committee member and National Restaurant Association director of technology and innovation policy Brennan Duckett. “On one of the year’s biggest dining holidays, these excessive fees raise costs for restaurant operators and for every couple trying to enjoy a special night out. It’s time for Congress to show some love to small businesses and their guests by passing the Credit Card Competition Act.”
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Crain's Chicago Business: Illinois swipe fee ruling marks rare win for retailers — but fight is far from over
“This is a major victory for merchants, their customers and their employees,” Doug Kantor, an executive committee member of the Merchants Payments Coalition and general counsel of the National Association of Convenience Stores, said in regard to Kendall’s ruling. “Merchants provide a service by collecting taxes and tips that are turned over to the state and to employees, and it is unfair to punish them by charging them price-fixed swipe fees for doing that.”
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U.S. Sun: CARD CATCH Credit cards users get HUGE win as ‘swipe’ law gets new life – but July 1 date looms
“The judge has seen clearly that it’s Visa and Mastercard that run the swipe-fee system and that states can regulate these anti-competitive fees,” Merchants Payments Coalition executive committee member Doug Kantor emphasized in a statement.
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American Banker: Illinois judge rules in favor of swipe-fee ban on sales tax and tips
"This is a major victory for merchants, their customers and their employees," said Doug Kantor, general counsel of the National Association of Convenience Stores and a member of the executive committee of the Merchants Payments Coalition, two industry trade groups.
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Payments Dive: Judge backs Illinois law on card fees
“The judge has seen clearly that it’s Visa and Mastercard that run the swipe-fee system and that states can regulate these anti-competitive fees,” Doug Kantor, an executive committee member of the Merchants Payments Coalition, said Tuesday in a statement.
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Digital Transactions: Illinois Merchants Score a Big Win in Their Battle for Interchange Relief
“This is a good and well-reasoned ruling that provides full vindication for what Illinois [legislators] did and what other states looking to regulate interchange may do,” whether it is passing a similar law or taking a different approach to interchange regulation, says Doug Kantor, an executive committee member at the Merchants Payment Coalition and general counsel for the National Association of Convenience Stores.
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Convenience Store News: U.S. District Judge Upholds Illinois Swipe Fee Ban on Taxes & Tips
"Merchants provide a service by collecting taxes and tips that are turned over to the state and to employees, and it's unfair to punish them by charging them price-fixed swipe fees for doing that," said MPC Executive Committee member and NACS General Counsel Doug Kantor. "These fees drive up prices for consumers at a time when affordability is the key issue facing our nation's economy. Illinois lawmakers have done the right thing by passing this law and the court has done the right thing by upholding it."
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Retail Customer Experience: Swipe fees could cost consumers $683M on Valentine’s day
"For restaurants, swipe fees are anything but a love story," MPC Executive Committee member and National Restaurant Association Director of Technology and Innovation Policy Brennan Duckett said in the release. "On one of the year's biggest dining holidays, these excessive fees raise costs for restaurant operators and for every couple trying to enjoy a special night out. It's time for Congress to show some love to small businesses and their guests by passing the Credit Card Competition Act."
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