New NAC Chairman Has a Single Focus: Interchange Fees
The NACS is getting a new chairman and here's an overview on what his focus will be:
Jay Ricker, president and owner of Anderson, Ind.-based Ricker Oil, will take over as the chairman of the National Association of Convenience Stores (NACS), and he's got his eyes clearly on a single prize: the revamping of credit-card interchange fees.
Ricker and NACS will unveil a program this week that allows smaller retailers to follow in the footsteps of their larger brethren—specifically 7-Eleven and Circle K—who have asked customers to sign petitions urging interchange-fee legislation.
"[It's] a petition-type drive for all the other retailers out there to try and redouble our efforts. We're thinking it may be the most signatures ever garnered for a petition drive in the country," Ricker told CSP Daily News. "Hopefully that makes some sort of impact on Congress when they see literally the millions of [signatures on] petitions between 7-Eleven and Circle K and then the industry at large.
"I myself will be doing one of those petition drives in my 49 stores because it's extremely important that we get that onerous fee down."
The NACS is getting a new chairman and here's an overview on what his focus will be: ![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_u2RxpJU5xtKEHPbi9SdILwp79kFv9wvyKEciC4KogxkLn9TB1tlAO0GnJ0Yl8zUaIub830cgH0zm59KvyBSgzQ2b0rA_REjHtlZHd94ee3wWtm8Y-S2u3tC8GVqhByLozvXB89LtKSOvp3p41Skq7M=s0-d)
