Banking industry opponents of the Durbin amendment limiting debit card swipe fees circulated this email from Parkmobile USA to DC-area clients: Beginning October 29, transaction fees in DC will increase from $0.32 to $0.45 due to increased costs triggered by recent federal legislative reform enacted by the Dodd-Frank Wall Street Reform and Consumer Protection Act’s Durbin amendment.
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Electronic Payments Coalition
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$7.2 billion swipe fees settlement is not enough for some
The Hill
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Op-Ed
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Press Releases / Statements