Thursday, April 14, 2011

Senator Durbin Assails MasterCard, Visa 'Price Fixing'

WASHINGTON - Sen. Richard Durbin, author of the controversial rule to set
caps on debit fees, yesterday denounced assertions by banks and credit
unions that having card giants MasterCard and Visa set prices for debit is
preferable to having the Federal Reserve set price limits on the
increasingly popular form of payment. From Payment Source: Read More >>

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