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EPC Applauds Zywicki Testimony Assessing Negative Impact of the Durbin Amendment on Consumers

| Electronic Payments Coalition

A statement from Molly Wilkinson, executive director of the Electronic Payments Coalition (EPC) praising testimony from Professor Todd Zywicki at the U.S. Senate Committee on Banking, Housing, & Urban Affairs hearing today:

Price controls on debit card transactions, which were enacted through the Durbin Amendment, have created a hand out for retailers that so far has reached $36 billion and continues to rise each year.

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