Month: November 2015

Setting minimums for credit card purchases

Visa and MasterCard, in their merchant agreements, do not allow merchants to set a minimum amount for a purchase. If you accept these cards, you are obligated to accept them for purchases of any amount.

Retailers post small sales gains in October

LANSING – Michigan retailers rang up slightly better sales in October, according to the latest Michigan Retail Index survey, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago.

Governmental Affairs: November 13, 2015

Legislature takes Thanksgiving/hunting break

Legislators headed home this week for a two and a half week break for the Thanksgiving holiday. The break also falls during Michigan’s two-week regular firearm deer hunting season (November 15-30).