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Friday, March 16, 2012

Durbin Amendment Is Hurting Small Businesses

In a BankThink opinion, Harry Alford, co-founder, president and chief executive of the National Black Chamber of Commerce, wrote that the Durbin Amendment has harmed small businesses in a big way. He points out that mom and pop small businesses are paying more in interchange fees because of the Durbin Amendment increased the cost of accepting debit for small ticket items.

You can read the BankThink piece here.

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