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 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.