Dive Summary:

• Mallory Duncan, senior vice president and general counsel at NRF, released a statement making it clear that retailers should heed the current settlement with major credit card issuers with caution, calling the right for retailers to charge extra for credit card transactions "propaganda to divert attention from [credit card companies'] skyrocketing swipe fees."
• The surcharge allowance gives businesses the chance to charge additional fees for credit card use, meaning that swipe fees imposed on retailers could be passed onto the customer.
• Many retailers have addressed the highly publicized settlement by claiming that they will not be imposing such fees on their customers, neither now nor in the future.

From the article:

"...The battle between merchants and banks over interchange fees took a step out into the spotlight in the last few weeks, when retailers gained the right to begin collecting a surcharge from consumers who pay for their purchases with credit cards..."