Retail trade group to opt out of $7.2 billion credit card-fee pact

A major retail trade association said Wednesday it will reject a proposed $7.2 billion settlement with credit-card giants Visa Inc and Mastercard Inc over card fees, calling it a "bad deal" for nearly 8 million U.S. merchants.

http://yesbuthowever.com/retail-trade-group-to-opt-out-of-7-2-billion-credit-card-fee-pact/