TITLE

All Sides Pressing Congress, Fed On Interchange

AUTHOR(S)
Roberts, Ed
PUB. DATE
March 2011
SOURCE
Credit Union Journal;3/14/2011, Vol. 15 Issue 11, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents an analysis on the potential impact of the Durbin Amendment in the U.S. Public interest groups, retailers, credit unions and banks offered differing views concerning the amendment. Public Interest Research Group (PIRG) consumer program director Edwin Mierzwinski says that the implementation of the proposed rule will have a beneficial impact on consumers and merchants by reining in excessive debit fees and preventing anti-competitive practices of payment card networks.
ACCESSION #
59347982

 

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