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NATSO Members Oppose Debit Reform Repeal

November 21, 2016

NATSO Members Oppose Debit Reform Repeal

More than six hundred businesses, including multiple NATSO members, wrote to Congress to oppose efforts to repeal the “Durbin Amendment.” As NATSO members are aware, the Durbin Amendment was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act and reformed the anti-competitive debit card market by placing caps on interchange fees in debit swipe transactions.