The so-called experts promised that Durbin rules would save merchants and consumers alike millions of dollars by reducing debit card costs and fees. Not so fast. As predicted by many of us in the payment processing industry, this is not the case, as reported by the Chicago
Tribune in interviews with execs from McDonalds and Walmart who report that in some cases their debit card processing costs have actually increased. Above is the full link to the Chicago Tribune story: >
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