This week, as you meet with NACS members, they will likely bring up the Durbin-Marshall credit card mandates and interchange. Here is a helpful guide to interpreting their talking points.
Since Congress introduced price caps and routing mandates on debit cards in 2011, research from independent and government sources has illuminated their disproportionate negative impact on small businesses.
EPC’s new one-pager highlights how mega-stores used their market power to avoid supply chain disruptions while raising prices under the guise of supply chain problems.
WASHINGTON, DC – New data by leading global economic forecaster Oxford Economics Research shows that the Durbin-Marshall credit card bill introduced in 2023 could create an economic slowdown for the…
The data is clear. The Durbin-Marshall credit card mandates would hurt small financial institutions – all to help the largest corporate mega-stores make more money.
The facts are clear: proposed mandates under the Durbin-Marshall bill would deprive consumers of essential credit card benefits such as cash back, fraud protection, and credit access.
Big-box retailers, led by Walmart and Target, and their allies in Congress continue to distort the truth about interchange in order to help their bottom lines. Data collected by Verisk…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
