Commentary: The Problem with Interchange Price-Fixing

Commentary: The Problem with Interchange Price-Fixing (from The Washington Post on 2--2011) By Karen Thomas Monday, February 7, 2011 Visa recently weighed in on the heated debate over a new law requiring the government to set fees retailers pay to banks when consumers use debit cards to buy merchandise. In response to a provision in the law attempting to shield community banks from the impact of government price-fixing, the debit and credit card giant is reportedly planning a two tier pricing system for large and small financial institutions that issue debit cards.... read more»

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