Tag: Durbin Amendment

Attacks on the fiendish conspiracy, otherwise known as interchange fees, to milk merchants of their profits are rarely based on facts, but who's checking?...

The Durbin Amendment was a government-mandated redistribution of revenues from one industry to another, something the government has no business doing....

The Durbin Amendment has resulted in a transfer of $9.4B from banks to merchants, while hurting consumers whose interests it was supposed to protect....

Credit unions should add rewards to their existing credit cards or create new loyalty programs; at present, only half of their cards have rewards....

The Durbin Amendment reduced Home Depot's debit card acceptance cost and PayPal is promising to help the retailer do the same for credit cards....