Posts Tagged ‘swipe fees’

Consumers win Senate battle with retailers

by Ted Carter Published: June 12,2011

Tags: debit card swipe fee, debit cards, swipe fees

Retailers, gas stations, restaurateurs and other businesses that regularly receive payment through customer debit cards won the day in the U.S. Senate last Wednesday, with opponents of caps on debit card swipe fees falling short of votes needed to delay implementation of the caps for two years. The Senate vote lets the Federal Reserve limit […] [...]

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