Tag Archives: National Retail FRederation

Retailers win big as court declares 21-cent swipe fee cap too high

July 31, 2013


The Federal Reserve’s Board of Governors erred in letting swipe fees that banks charge retailers for each debit card transaction go as high as 21 cents a transaction, a federal court ruled Wednesday. The ruling by the U.S. District Court in Washington drew the predicable applause from groups such as the National Retail Federation and […]

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