I do not think that MasterCard and Visa and member banks should just give us credit cards or allow us to accept them for free.
So, Mr. Sullivan, you heard the testimony from the Department of the Treasury and now from Ms. Chronister. There is no negotiation going on.
Did you know that, Ms. Chronister?
That is what this Government is supposed to be about.
So is there any other part of your store, other than this dealing with the credit cards, where you face this dearth of competition?
a system of two-tiered rates, such as the one embodied in Senator Durbin's interchange amendment, should not affect the Federal Government
The Durbin interchange amendment to the Restoring American Financial Stability Act takes important steps to end unfair and anti-competitive ...
The Durbin amendment's provisions on anticompetitive practices aim a rifle shot right at these problems and will let sunlight into what has ...
Chairman Durbin, Ranking Member Collins, and Members of the Subcommittee on Financial Services and General Government, thank you for invitin...
the Durbin Amendment will allow merchants to give their customers discounts when they use cards from a network with lower fees.
Reform will actually help small businesses more than large businesses because debit rates will have to be related to the banks' actual cost ...