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Return deadline of Jan 25 for purchases made between Oct. 6 and Dec. 24. Neiman Marcus Return deadline of Jan. 14 for any purchase made between Nov. 1 and Dec. 14.
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Find out if your favorite store's return policy holds up.
In some cases, only exchanges or store credit are offered, again usually only without a receipt, or after an initial refund period has passed. [1] Some retailers charge a restocking fee for non-defective returned merchandise, but typically only if the packaging has been opened. [2]
Interchange fees or "debit card swipe fees" are paid to banks by acquirers for the privilege of accepting payment cards. Merchants and card-issuing banks have long fought over these fees. Prior to the Durbin amendment, card swipe fees were previously unregulated and averaged about 44 cents per transaction. [3]
The settlement lowers interchange fees for merchants and also protects credit card companies from being sued over the issue again in the future. [23] That settlement was reversed. Currently one for US$6.24 billion is scheduled to go before the district court on November 7, 2019. [24]
In addition, the merchant account would be assessed a chargeback fee by the acquiring bank. [1] This is the opposite of a card present transaction, when the issuer of the card is liable for restitution. [2] Because of the greater risk, some card issuers charge a greater transaction fee to merchants who routinely handle card-not-present ...
One month after Neiman Marcus was struck by a massive credit card hack, a new report published by Businessweek sheds more light into the breach. Among the revelations: the company apparently ...