Victors in Senate Interchange Skirmish Take Battle to the House | Digital Transactions

(May 25, 2010) Fresh from their Senate victory last week, proponents of interchange regulation on Tuesday urged U.S. House of Representatives leaders to adopt the so-called Durbin amendment that could limit debit card interchange and overturn some bank card network rules in order to make it easier for merchants to discount for other payment types and set minimum transaction amounts for credit card transactions.

via News.


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