Electronic Payments Coalition
May 23, 2016 No Comments
The Durbin Amendment, a.k.a. “merchant markup,” allows big box retailers to pocket $8 billion dollars a year from customers’ purchases. That’s $32 billion since Congress passed this law and retail…
Electronic Payments Coalition
May 10, 2016 No Comments
On May 10, 2016, EPC sent a letter to House leadership explaining why H.R. 2205 is needed to better protect consumer information. This letter is a follow-up to an earlier…
Electronic Payments Coalition
April 27, 2016 No Comments
A statement from Molly Wilkinson, executive director of the Electronic Payments Coalition (EPC) in support of the Data Security Act of 2015, H.R. 2205: Despite recent claims from representatives of…
Electronic Payments Coalition
April 27, 2016 No Comments
In October 2015, Electronic Payments Coalition and some of its members sent a letter to the Hill in support of H.R. 2205, the Data Security Act. Members who signed include…
Electronic Payments Coalition
April 8, 2016 No Comments
A study by the Federal Reserve Bank of Richmond found that the Durbin Amendment is not working as Congress intended and has led to several unintended consequences. This resource provides further…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.