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The Senate today may consider a credit union-opposed measure that would give retailers more flexibility in dealing with credit card issuers.

The amendment, sponsored by Senate Majority Whip Richard Durbin (D-Ill.) would ease restrictions to allow merchants to give discounts to customers who pay by cash or debit cards rather than credit card, because credit card companies charge higher interchange fees for processing credit card payments. CUNA and NAFCU have been working with the banking trade associations to defeat the measure, which is backed by the National Retail Federation.

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