The Durbin Amendment Defined for Holders of Internet Merchant Accounts - 0 views

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  #1 james jack on 25 Jul 13

   

  The Durbin Amendment to the Dodd-Frank Act can be confusing to both holders of internet merchant accounts and consumers. Why such a negative reaction to its effects? Wasn't it designed to protect merchant account holders and consumers from outlandish swipe fees? Unfortunately, the Durbin Amendment didn't deliver as promised.

   

  <div class="cArrow"> </div><div class="cContentInner">The Durbin Amendment to the Dodd-Frank Act can be confusing to both holders of internet merchant accounts and consumers. Why such a negative reaction to its effects? Wasn't it designed to protect merchant account holders and consumers from outlandish swipe fees? Unfortunately, the Durbin Amendment didn't deliver as promised.</div>

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