It seems like we have some bargaining power under most circumstances here to make sure that taxpayers get a break.
It appears that our failure to assume a power or responsibility when it comes to these fees ties our hands with these two giants, Visa and M...
The Amendment proposed by Senator Durbin incorporates language that addresses certain direct costs for payment card acceptance.
Our research says that Visa has 122 different interchange fee arrangements.
I have asked Senator Nelson if I could ask a couple questions before I give the floor to him.
I support your views, as in your colloquy with Senator Nelson, that there should be a carve-out for EBT programs.
Sunlight is the best disinfectant, electric light the best policeman.
the Durbin Amendment will allow merchants to set a minimum or maximum amount for a transaction using a credit card.
The Durbin Amendment does not change the credit card companies' rules that allow them to push most of the fraud risk onto merchants.
Can we distinguish that point, Mr. Sullivan?
It seems that there is something missing in the equation when there is no competition.