“The Dodd-Frank banking regulation Democrats passed last year cut by 45 percent the fees banks could charge retailers for debit card transactions. This was no consumer protection. It was a giveaway to major retailers like Walmart, Home Depot and Target, who lobbied hard for the cap.”
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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
Don’t blame banks for debit card fees — blame merchants
Fort Worth Star-Telegram
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Op-Ed
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Washington Times
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What Others Are Saying
Editorial: Retailer fee cut backfires on consumer
iStock Analyst
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What Others Are Saying