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Gas Retailers Gained a $1 Billion Subsidy from Durbin Amendment - Electronic Payments Coalition
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Gas Retailers Gained a $1 Billion Subsidy from Durbin Amendment

| Electronic Payments Coalition

New data released today finds that gas retailers are saving a $1 billion annually at the expense of consumers, thanks to the so-called “Durbin amendment,” a provision of the Dodd-Frank legislation which capped what retailers pay to accept debit cards beginning in October 2011.

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