Latest Anti-Durbin Argument is Desperate and Absurd – Bank Think


The latest attempt to resurrect the viability of the small issuer exemption should bring us back to the core reasons why the banks arguments are demonstrably false. As everyone in the industry knows, merchants are required to accept all debit cards, regardless of the issuer, under the “honor all cards” rules that are in place at all of the debit networks.

via Latest Anti-Durbin Argument is Desperate and Absurd – Bank Think.

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