A year ago, the Federal Reserve agreed to dramatically lower the fee that banks can charge businesses to accept debit cards. However, the new law which goes into effect on October 1st, has a loophole that allows credit card processors to intercept the savings intended for small businesses.
The Durbin Amendment Duplicity: Your Credit Card Processor Can Snatch Your Savings!
Posted by
Adam_Gottlieb under Management
From http://frugalentrepreneur.com 4601 days ago
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