AmEx Set To Join Swipe-Fee Appeal

By  |  January 10, 2014
 | 

American Express is planning to appeal the $5.7 billion swipe-fee settlement struck late last year between Visa and MasterCard.

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    Bloomberg News reported that the company will join merchants, the National Retail Federation and others in appealing the controversial accord. AmEx filed its appeal in federal court on Jan. 9.

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    If you’d like to learn more about this evolving court case, read PYMNTS.com senior analyst Jeff Green’s take on what comes next by clicking here.

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