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Published on :
26
June
10
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by :
admin
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in :
Carolyn B Maloney
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Deal reached on debit card transaction fees
WASHINGTON — Limits on the fees banks charge merchants who accept debit cards would not apply to government-issued cards, under a tentative House-Senate deal aimed at easing worries raised by state treasurers.
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Published on :
20
May
10
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by :
admin
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in :
Debbie Wasserman Schultz
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Durbin Seeks to Exempt Benefits Cards in Debit Curbs (Update1)
U.S. Senator Richard Durbin, the Illinois Democrat pushing for caps on debit-card “swipe” fees, said legislators may exempt prepaid cards that governments use to distribute benefits.
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Published on :
21
April
10
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by :
admin
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in :
Debbie Wasserman Schultz
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Durbin Cedes Ground on Debit Caps as Support Erodes (Update1)
U.S. Senator Richard Durbin, faced with growing opposition and slipping support for his proposal to cap debit-card “swipe” fees, said he is working to exempt prepaid cards governments use to distribute benefits.
Read more on BusinessWeek