“‘[The rule’s] implementation could have a very significant impact on consumers who use debit cards or participate in the banking system, as well as the many who do not,’ said Travis Plunkett, the [Consumer Federation of America’s] legislative director.”
More Updates
U.S. consumer group says debit-fee caps need tweak
Reuters
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Every Major National Bank and Credit Union Trade Association Joins to Urge Fundamental Revision of Federal Reserve’s Debit Card Rule
Electronic Payments Coalition
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Press Releases / Statements
Banking Industry Unites on ‘Swipe’ Fees, Presses Fed for Changes
Bloomberg
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