April 13, 2015Changes to the Credit and Debit Card Code of Conduct, introduced in April 2015, will ensure small businesses see the promised savings from credit card rate cuts from Visa and MasterCard.
November 4, 2014Visa and MasterCard have announced the first-ever reduction in the interchange fees that small business owners pay to accept credit cards. CFIB and its members played a key part in this announcement.
June 28, 2013Canada's Code of Conduct for the credit and debit card industry is unique in the world and provides merchants with new powers in their dealings with credit card companies and banks. We believe that the best way to ensure the credit card companies do not increase merchant fees even further is for merchants to act directly and promote the benefits of paying with Interac or cash.
July 18, 2012The Code of Conduct for the Credit and Debit Card Industry in Canada is working well, but needs to be strengthened and enhanced to deal with a variety of mobile payment options and an important upcoming ruling by the Competition Tribunal.