So the Durbin Amendment capped interchange rate for Debit Cards. There isn’t a consumer in the U.S. who has seen any impact on retail prices, as the retail lobby promised.
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
Read
General
Credit card settlement will not aid consumers
Massachusetts Republican
Read
What Others Are Saying
Visa, MasterCard Settle Merchants’ Swipe-Fee Lawsuit
Bloomberg
Read
General
Q&A: How the Credit Card Settlement Affects You
Wall Street Journal
Read
General