Payment Card Re-load Fee Fixing Not Per Se Illegal

In nFinanSe Inc. v. Interactive Communications International Inc., Northern District of Georgia Judge Amy Totenberg dismissed the plaintiff’s claim that the defendant violated the antitrust laws by requiring a set fee to reload payment cards used in the defendant’s network.  The plaintiff, a seller of prepaid credit cards, claimed that the defendant, a distributor of the cards, violated the Sherman Act by requiring card sellers to charge a set reload fee of $3.95, a dollar more than the plaintiff had charged.

The court held that the fee restriction was not a naked restraint of trade with no purpose other than restricting competition.  On the contrary, the defendant’s “reload network,” according to Judge Totenberg, “creates a more centralized and efficient reload process for consumers and retailers and in which upstream card providers participate.”

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