The increase in bank interchange rates for some Visa and MasterCard transactions, which took effect April 1, left retailers and retail associations chagrined and wondering how they would respond. "[Hy-Vee] is disappointed that the cost continues to increase," said John Briggs, senior vice president, chief financial officer and treasurer, Hy-Vee, West Des Moines, Iowa, and chairman of Food Marketing Institute's electronic payment systems committee. "It's been a general trend for some period ...
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