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NACS Refuses To Accept Proposed Antitrust Settlement With Visa And MasterCard

“NACS does not accept this proposed settlement, and we reserve the right to fight it if other class representatives do accept it,” says Henry Armour, NACS president and CEO, on the proposed settlements between merchants and credit card companies. NACS rejected the proposed settlement of antitrust litigation between merchants and the credit card industry. NACS

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Heartland Releases State-Specific Durbin Statistics

Heartland Payment Systems shows average savings per merchant in states across the U.S. following Durbin. Heartland Payment Systems, a national payments processor, has released the first state-specific data about the Durbin Amendment’s actual impact on business owners in specific states. The data was gathered between Oct. 1-16, 2011, from across Heartland’s 250,000 merchant locations. The

Data Security Standards: Are You Prepared?

PCI compliance deadlines continue to barrel toward the convenience store industry, yet many operators are still not up to speed on precisely what they need to do, or how to do it. The Payment Card Data Security Standard (PCI DSS), developed by the PCI Security Standards Council and endorsed by American Express, Discover Financial Services,

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