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Top related persons:
Doug Kantor - 2 Banks - 1 Matt Schulz - 1 JPMorgan Chase - 1 Mark Elliot - 1 Mark Mason - 1 Rich Fairbank - 1 We've - 1
Top related locs:
New York Queen ICEE
Top related orgs:
National Association of Convenience Stores - 3 Mastercard - 2 Visa - 2 Merchants Payments Coalition - 2 Consumer Financial - 1 Bank Policy Institute - 1 Electronic Payments Coalition - 1 UBS - 1

Search resuls for: "National Association of Convenience Stores"


6 mentions found


☆ Credit Card Companies Are About to Invent New Fees for Consumers
  + stars: | 2024-04-07 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +8 min
Some of those annoying fees on your credit card may soon be getting smaller. Banks and credit-card companies are almost certainly trying to figure out where else they squeeze money out of you. The response to the interchange-fee settlement has been a bit more muted: The Electronic Payments Coalition, which represents Visa, Mastercard, and other credit-card companies, said it was OK with the swipe-fees cap. Taken together, it's clear that many companies in the credit-card business would rather not be dealing with this situation. According to the Merchants Payments Coalition, Mastercard is now planning to increase different credit card fees soon, it's "network assessment" fee.
Persons: Banks, Matt Schulz, JPMorgan Chase, Mark Elliot, Doug Kantor, Mark Mason, Rich Fairbank, We've, it's, Ira Rheingold, Amanda Jackson, Emily Stewart Organizations: Consumer Financial, Mastercard, Visa, Bank Policy Institute, Electronic Payments Coalition, UBS, JPMorgan, American Express, National Association of Convenience Stores, Merchants Payments Coalition, Capital, JPMorgan Chase, National Association of Consumer, Companies, Financial Reform, Business
☆ This credit card fee could cost shoppers $3 billion during record-breaking back-to-school season, merchants say
  + stars: | 2023-07-20 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +1 min
This year, consumers are spending more on back-to-school supplies — and coughing up more to cover a particular kind of credit card fee at the same time. Total back-to-school spending is expected to reach a record $41.5 billion with another $94 billion in college shopping, according to the National Retail Federation. Swipe fees — also known as interchange fees — have more than doubled over the past decade and jumped $22 billion to a record $160.7 billion last year. When the National Retail Federation first started tracking swipe fees collected by Visa and Mastercard in 2001, they amounted to roughly $20 billion. "They've made themselves an involuntary equity partner with every Main Street business," he added.
Persons: Doug Kantor, —, Kantor, They've Organizations: National Retail Federation, Visa, Mastercard, Merchants Payments Coalition, Finance, National Association of Convenience Stores, Bankers
☆ 7-Eleven is giving the Slurpee a makeover
  + stars: | 2023-06-12 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —The Slurpee, an iconic 7-Eleven frozen drink, is getting a makeover. Currently, stores sell at least three flavors (Coca-Cola, cherry and blue raspberry) and 7-Eleven often changes up its limited-time offerings. In 1965, 7-Eleven licensed the machine and changed its name from ICEE to Slurpee, because it described the sound drinkers made while sipping it through the straw. In the 1970s, 7-Eleven sold special cups with sports stars, video games and singers and some people even saved them to collect all of the designs. Every year, 7-Eleven celebrates the frozen concoction on July 11 (you know, 7/11) and hands out free small Slurpees to customers.
Persons: didn’t, Omar Knedlik “, ICEE Organizations: New, New York CNN, National Association of Convenience Stores Locations: New York, Queen, ICEE
☆ Factbox: No consensus in Congress on making daylight saving time permanent
  + stars: | 2022-11-05 | by ( ) www.reuters.com   time to read: +4 min
Clocks in the United States will return to standard time at 2 a.m. EDT on Sunday with no consensus on the matter. The current system of daylight saving is good for business, energy efficiency, and the prevention of vehicle accidents." There's some strong science behind it that is now showing and making people aware of the harm that clock switching has. Congress created Daylight Saving decades ago as a wartime effort, now it is well past time to lock the clock and end this experiment." Permanent, year-round Standard Time is the best match for our biological sleep-wake cycle."
☆ U.S. Congress split on making daylight-saving time permanent
  + stars: | 2022-11-03 | by ( David Shepardson | ) www.reuters.com   time to read: +4 min
Legislative aides told Reuters they do not expect Congress to reach agreement before the end of the year. Daylight-saving time has been in place in nearly all of the United States since the 1960s. Pallone previously said he backs ending the clock-switching but has not decided whether to support daylight or standard time as the permanent choice. On Sunday, Mexico rolled back its clocks one last time after the passage of a law last week to abolish daylight-saving time. The White House declined to say earlier this year if Biden supports making daylight-saving time permanent.
☆ Why convenience stores aren't rushing to replace gas pumps with EV chargers
  + stars: | 2022-10-18 | by ( Matt Mcfarland | ) edition.cnn.com   time to read: +8 min
Washington, DC CNN —Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. The bipartisan infrastructure bill is providing $7.5 billion to help pay for electric vehicle chargers that could help gradually replace gas pumps. Convenience stores with fuel pumps account for 80% of fuel purchased in the US, according to the industry trade group. Customers charging electric vehicles must stick around longer, so they may be more likely to buy food and other goods. That way the convenience stores aren’t pulling a huge amount of power from the grid at once.
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