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A group of more than 400 retailers have entered the fray over the so-called “Durbin Amendment,” calling on House Republicans to abandon efforts to repeal the cap on debit card interchange fees.

The retailers, ranging from A&R Super Markets to Zuni Shopping Center, argue that the amendment to Dodd-Frank provided significant protection to businesses from the anti-market practices employed by global credit and debit card brands.

David Baumann


Credit Union Times

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