Senate Votes Against Delay of Debit Card Fee Limits – NYTimes.com


The Wednesday vote, which followed a vigorous floor debate, was a victory for retailers, who have complained that banks and the companies that control the largest debit card networks, Visa and MasterCard, have consistently raised the fees on debit card transactions even as the market has grown rapidly and technology costs have declined.

via Senate Votes Against Delay of Debit Card Fee Limits – NYTimes.com.

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