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Harbor, Ore.-based Chetco Federal Credit Union is consolidating its debit and credit card processing with Dallas-based TNB Card Services Inc.
Compass Group North America, which provides food and hospitality services, will accept MasterCard PayPass contactless cards at an undisclosed number of its cafeterias across the country.
The Electronic Transactions Association, which represents the merchant-acquiring industry, has released policy statements on the interchange system, application of card-industry rules and regulations, operating regulations, industry self-regulation of data-security standards, payment-product convenience fees, and the acquirer/sponsoring bank model.
