There has already been a lot of buzz recently around how mobile devices like the iPod Touch and iPhone have potential to be deployed as Point of Sale (POS) devices. However, another significant opportunity emerging for retailers is the chance to connect with the millions of mobile devices through their existing POS systems. At this week’s Retail 3.0 Virtual Conference & Expo, one of the online seminars focused on next generation mobile strategies and highlighted...
NRF is asking the Federal Reserve to avoid writing new rules on credit card late fees in a way that would encourage consumers to put retail credit cards at the bottom of their monthly stack of bills. Under the Credit CARD Act signed into law last year, all credit card fees must be “reasonable,” and the Fed is developing regulations to implement that requirement beginning this August.
