WASHINGTON — The Merchants Payments Coalition here, a group of retailers, supermarkets, drug stores, convenience stores, fuel stations, online merchants and other businesses, released a statement criticizing the U.S. Federal Reserve for “making merchants pay for fraud prevention even if banks don’t prevent fraud.” Although the Fed found that merchants bear 41% of signature debit fraud losses and 74% of such losses for "card-not-present" transactions, its ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.