FIRST LOOK: BANK GROUP HITS RETAILERS ON DURBIN IMPACT

Politico Morning Money | September 28, 2012

The Electronic Payments Coalition is out this morning with a study tied to the one-year anniversary of the Durbin amendment limiting debit card swipe fees.  The report claims that retailers continue to hold on to the $8 billion windfall they received from Congress, without passing those savings along to consumers.

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