Retailers Could See Changes to Interchange Fees, Interstate Tax Requirements – Fashion Retailing News | California Apparel News | LA Fashion


Advocates for the Durbin Amendment said the proposed measure will help merchants control their costs when dealing with credit card companies and card-issuing banks. These companies often charge fees for debit card use, which can range from 1 percent to 2 percent of the transaction fee. Some retailers complained that these fees are often much higher than the actual cost of processing debit transactions.

READ ARTICLE via Retailers Could See Changes to Interchange Fees, Interstate Tax Requirements – Fashion Retailing News | California Apparel News | LA Fashion.

Advertisements

Comments are closed.

%d bloggers like this: