Tag: durbin amendment explained

How Will The Durbin Amendment Influence Your Service Provider Account?

THE DURBIN Modification AND DEBIT CARD Fees What’s the DURBIN Amendment: https://www.electronicpaymentscoalition.org/2017/02/voters-agree-get-government-out-of-interchange-repeal-the-durbin-amendment/ In July the Federal Reserve was required by Congress to rule on the reduced Interchange rate banking institutions are permitted to cost when a merchant accepts considered one of their debit cards. This only affects debit cards and can haven’t any alter to […]

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