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CUs Defend Durbin Cap - Electronic Payments Coalition
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CUs Defend Durbin Cap

| Credit Union Times

“Amici are not here to defend the final rule,” the coalition wrote. “The merchants bring their lawsuit in pursuit of even deeper cuts in issuers’ interchange-fee revenues, seeking to reap the benefits of debit card transactions and innovation in the electronic payments system practically for free–an unwarranted, unfair and unprecedented windfall.”

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