Target, Wal-Mart, Macy's won't add credit fees

01/29/2013 | American City Business Journals · Bloomberg

Major retail chains including Target, Wal-Mart, Macy's and Sears have said they won't start adding surcharges to customers' credit-card purchases, despite a new settlement that allows them to collect surcharges to offset banks' swipe fee charges. "The proposed modification to the no-surcharging rule for Visa and MasterCard provides no benefit to customers or merchants such as Wal-Mart," said Wal-Mart spokesman Randy Hargrove.

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American City Business Journals · Bloomberg

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