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Channel: Dawn Casale on http://www.thetakeaway.org/
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Merchants Gain Say on Cost of Credit Cards

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Consumers may soon want to think twice before charging purchases to their credit cards.

A federal judge has ruled that retailers can now institute a surcharge on consumers who pay by credit card, creating what some fear may become a two-tiered pricing system for shoppers.

Visa, Master Card and American Express have all reached settlements agreeing to the new pay scale.

Joining The Takeaway now to weigh in are Mallory Duncan, senior vice president and general counsel for National Retail Federation and Dawn Casale, owner of One Girl Cookies in Brooklyn, New York.


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