Profiting From Change
In this issue's article on rising credit-card interchange fees, we describe MasterCard's recent announcement that it would post its rate schedule online and place a cap on the fees it charges retailers who accept cards for fuel purchases as a "tipping point" that may lead to some relief for c-store operators. As our story points out, the National Association of Convenience Stores (NACS) played and continues to play a pivotal role in bringing this issue to a head and is to be commended for its efforts.