Sen. Richard Durbin, D-Ill., wipes down his phone with a disinfecting wipe before the start of a … [+] Senate Judiciary Committee hearing on Examining Liability During the COVID-19 Pandemic on C...
Tag: interchange fees
A Second Durbin Amendment Won’t Help Low Income Consumers
Retailers that accept credit cards pay an interchange fee for processing each transaction. The fee depends on the volume of business the retailer does and ranges from 1.2 to 3.5 percent of the transac...