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Washington Report: You Asked for It, Now Fight for It

Debit/credit card fee reform was your top issue a decade ago - now fight to make it happen.
June 6, 2011

A decade ago NACS asked you to tell us your biggest cost-related concern. It wasn€™t government regulations. It wasn€™t insurance. Nor was it wasn€™t the cost of technology. Overwhelmingly, you told us that debit and credit card fees were your biggest concern €" in 2001!

At that time nearly half (42 percent) of retailers cited debit and credit card fees as their top concern during an interactive general session on motor fuels at the 2001 NACS Show.

Our fight to address you cost concerns may finally bring relief €"- but only if you make your voice heard. Go to swipefeesletter.com and tell your senators to vote "No" on the Tester amendment that seeks to kill debit card swipe fee relief. This fight has been a decade in coming. Don€™t let it slip away.

Click here to see the video excerpt from "A 360 Look at Motor Fuels."

Week Ahead
Sen. John Tester€™s (D-MT) amendment to delay swipe fee reform could come to the Senate floor as early as Wednesday, June 8. If you have not already done so, please go to nacsonline.com/swipefeesletter to email your senators asking them to vote NO on Tester€™s amendment. It is essential that we finish strong with a united voice.

In addition, take a few moments this week to call your senators and urge them to vote NO.

A decade ago NACS asked you to tell us your biggest cost-related concern. It wasn't government regulations. It wasn't insurance. Nor was it wasn't the cost of technology. Overwhelmingly, you told us that debit and credit card fees were your biggest concern â€" in 2001!

At that time nearly half (42 percent) of retailers cited debit and credit card fees as their top concern during an interactive general session on motor fuels at the 2001 NACS Show.

Our fight to address your cost concerns may finally bring relief â€"- but only if you make your voice heard. Go to swipefeesletter.com and tell your senators to vote "No" on the Tester amendment that seeks to kill debit card swipe fee relief. This fight has been a decade in coming. Don't let it slip away.

 

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Week Ahead
Sen. John Tester's (D-MT) amendment to delay swipe fee reform could come to the Senate floor as early as Wednesday, June 8. If you have not already done so, please go to nacsonline.com/swipefeesletter to email your senators asking them to vote NO on Tester's amendment. It is essential that we finish strong with a united voice.

In addition, take a few moments this week to call your senators and urge them to vote NO.

Week in Review
Democrats and Republicans in both chambers on Thursday introduced legislation that would allow states to opt out of participating in the corn ethanol portion of the Renewable Fuel Standard. Both pieces of legislation amend the Clean Air Act to allow states to opt out of the corn ethanol portion of the renewable fuels standard and broaden eligibility of the cellulosic biofuels carve out by redefining "cellulosic biofuels" as "next generation biofuels" to all non-ethanol sources of renewable fuels.   

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