The Electronic Transaction Association wants to find a way for small merchants to have a voice in the bank card associations' setting of interchange prices.

At its annual meeting last week, the merchant processing trade group formed a committee designed to be a forum for merchants' views. It will call on the card associations to "articulate the rationale" for interchange rate increases, said Mary Dees of Paymentech Inc., the committee's chairwoman.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.