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Durbin Amendment Isn’t Helping Retailers Much, Study Finds

  • By Andrew Deichler
  • Published: 4/10/2014

ORLANDO, Fla.—When Congress passed the Durbin Amendment back in 2010, their intent was to lower retailers’ interchange fees from accepting debit cards. But a new survey of merchants by the Federal Reserve Bank of Richmond, released Wednesday at the NACHA Payments conference, found that ...

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