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FRB Action Brings Lower Costs to Merchants for Online Debit Card Transactions | Bryan Cave Leighton Paisner - Vimarsana News

FRB Action Brings Lower Costs to Merchants for Online Debit Card Transactions | Bryan Cave Leighton Paisner

The purpose of the Durbin Amendment was to lower merchants’ costs of accepting debit cards for customer payments. Up to now, because of technology limitations, online merchants were not...