WASHINGTON, D.C.–(ENEWSPF)–October 3, 2011. U.S. Senator Dick Durbin (D-IL) released the following statement regarding new regulations which finally bring fairness, transparency and competition to the debit swipe fee system:
“Today, swipe fee reforms take effect and will finally help bring fairness, transparency and competition to a debit card system that for years has operated without them.”
“These rules will give small businesses some relief from the unreasonably high fees that the Visa and MasterCard duopoly…
