Debit Card Interchange Fees and Routing

Politico | March 4, 2011

“We believe that the proposal takes an unnecessarily narrow approach to recovery of costs that would be allowable under the law and that are recognized and indisputably part of conducting a debit card business. This has long term safety and soundness consequences – for banks of all sizes – that are not compelled by the statute.” – Office of the Comptroller of Currency

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