Credit cards

    Facing Strong Opposition From Retailers, House Drops Attempt to Repeal Swipe Fee Cap

    On May 24, the chair of the House of Representative’s Financial Services Committee announced that backers of the Financial CHOICE Act would drop a provision that would have repealed a cap on debit card swipe fees.

    Act Now: Tell Congress to Oppose Swipe Fee Cap Repeal

    Booksellers are reminded to contact their congressional representatives to voice opposition to the Financial CHOICE Act, which would repeal a measure regulating debt card swipe fees charged by banks.

    ABA Urges Booksellers to Voice Opposition to Swipe Fee Cap Repeal

    ABA is urging booksellers to contact their U.S. congressional representatives to voice their strong opposition to the Financial CHOICE Act, which would repeal a measure that regulates swipe fees charged by banks for debit card transactions.

    Wi11 Session to Offer Booksellers Tips on Data Security/PCI Compliance

    A Wi11 education session led by Total Computing Solutions’ Jim Hammons will review data security and PCI compliance standards to show booksellers how they can better protect their customers’ credit card data and their own businesses from liability.

    BTW News Briefs

    SBA offers EMV card webinar; Schumacher wins Thurber Prize; We Need Diverse Books to present first Walter Dean Myers Award; 23 publishers sign deals with IPG; National Book Foundation announces 2015 “5 under 35” honorees; 2015 Kirkus Prize finalists announced; NetGalley introduces “Wish Granting”; Edelweiss partners with DOGObooks; HarperCollins forms HarperCollins Italia 

    POS Vendors Prepare for October 1 Deadline for EMV Transition

    As the credit card industry prepares to shift to EMV chip card technology, several point-of-sale vendors working on transitioning bookstores to new equipment have provided status updates as well as contact information for booksellers looking to learn more.

    Bancard and Basil Announce Partnership

    With Bancard Systems and Basil Bookseller Software now fully integrated, Basil users can take advantage of Bancard’s special ABA rate package.

    Lower AmEx Rate Now Available Through Bancard

    Bookstores working with Bancard Systems, the American Booksellers Association’s affiliated credit card processing company, will be seeing lower rates for accepting American Express credit cards. 

    In Case You Missed It: What POS Vendors Are Doing to Prepare Booksellers for EMV Chip Cards

    Here, six point-of-sale (POS) vendors provide an update on their work to help booksellers transition to EMV chip card technology by fall 2015.

    AmEx Offers $100 Reward Card for Upgrade to Chip-Enabled System by April 30

    The latest American Express program designed to support small businesses offers merchants the opportunity to earn a $100 American Express® Reward Card to help defray the cost of purchasing EMV-enabled card readers for their point-of-sale systems.

    Federal Judge Finds AmEx’s Anti-Steering Rule Violates Antitrust Law

    The U.S. District Court in the Eastern District of New York has ruled in favor of a U.S. Department of Justice lawsuit brought against American Express Company and American Express Travel Related Services Company for violating antitrust laws by imposing “anti-steering” rules on merchants.

    Bancard Offers Flier on Transition to EMV Chip Card Technology

    In preparation for the credit card industry’s transition to EMV chip cards by October 2015, Bancard Systems, ABA’s affiliated credit card processing company, is providing its small business clients with a detailed flier looking at how merchants should plan for the switch.

    What POS Vendors Are Doing to Prepare Booksellers for EMV Chip Cards

    Here, six point-of-sale (POS) vendors provide an update on their work to help booksellers transition to EMV chip card technology by fall 2015.

    Point-of-Sale Systems in the Spotlight at Wi10

    Booksellers looking for a better understanding of their current point-of-sale system and those looking for a new one are encouraged to attend the Winter Institute’s “Roundtable Discussion on POS Systems” and to visit with POS vendors participating in the Consultation Station.

    Friday Deadline to Rejoin Visa/MasterCard Settlement

    Retailers that previously opted out of the Visa/MasterCard credit card swipe fee class action settlement have until this Friday, December 19, to rejoin the cash settlement class.

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