The Senate voted to let the Federal Reserve trim the fees that stores must pay banks each time a customer swipes a debit card, handing merchants a victory over banks in a lobbying battle over billions in revenue.
The Senate voted to let the Federal Reserve trim the fees that stores must pay banks each time a customer swipes a debit card, handing merchants a victory over banks in a lobbying battle over billions in revenue.
This entry was posted on Wednesday, June 8th, 2011 at 1:54 pm and is filed under merchant interchange. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.