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The Data is Clear: The Durbin-Marshall Credit Card Bill Will Harm Small Businesses

| Electronic Payments Coalition

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.

While corporate megastores like Walmart and Target reaped billions in new revenue, small enterprises were largely excluded from the profits-bonanza. Now, Senators Dick Durbin and Roger Marshall aim to extend similar mandates to credit cards. However, experts warn that the consequences could be dire for Main Street.

The facts are clear: Despite assurances that credit card mandates will benefit Main Street, evidence suggests that the bill would further disadvantage small businesses, depriving them of essential benefits while further padding the pockets of corporate behemoths. 

Why should Congress pass such a bill that will devastate small businesses? They shouldn’t.

Congress must stand against the Durbin-Marshall Credit Card Bill.

A new EPC one-pager copied below highlights private and government reports outlining the legislation’s pitfalls. 

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