MasterCard Worldwide has released the results of a survey that is meant to undercut the impact of a petition on card interchange that the 7-Eleven convenience store chain plans to deliver tomorrow.
The retail chain said it will deliver the more than 1.6 million signatures in 130 boxes to Congress after a Sept. 30 press conference at the U.S. Capitol. The chain collected the signatures through petition pads at its check out terminals.
"Electronic payments provide extraordinary value to consumers, merchants and the economy," said Chris McWilton, president, U.S. Markets at MasterCard Worldwide. "Consumers appreciate that the ability to use a payment card is a win-win for them and for the merchants they visit. It's undeniable that electronic payments drive value for all merchants."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.