“We believe that this amendment, while well-intentioned, could have a significant negative impact on the cost of mainstream banking services to middle and lower-income consumers, including teachers and education support professionals, because of the benefits currently made possible by debit cards.”
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
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General
Editorial: Delay debit card cap
Minneapolis Star-Tribune
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What Others Are Saying
Guest opinion: Limit on debit card fees would shift cost to consumers
Billings Gazette
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Op-Ed
Corker leading effort to suspend debit card transaction fee rule
Knoxville News Sentinel
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General