ABA to Have Swipe Fee Recommendation for Members Next Week

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Bookstores that opted out of the Visa and MasterCard credit card swipe fee settlement in 2013 recently received a notice offering them the chance to rejoin the cash settlement class. The American Booksellers Association is expected to have a recommendation regarding the notice during the week of December 1 and will notify member stores via e-mail.

In the meantime, members can direct questions to David Grogan, ABA senior public policy analyst, at dave@bookweb.org or at (800) 637-0037, ext. 7562.

For more on the Visa/MasterCard settlement, click here. The Class Action website can be found at paymentcardsettlement.com.