curmugeon ([personal profile] curmugeon) wrote2011-10-20 07:19 pm

juust got some banking industry astroturf email..

 Seems the electronicpaymentscoalition ... another astroturf group of bankers, wants to repeal the Durbin amendment that limits debit transaction fees (swipe fees).. it is, under the new law, to approximately 21 cents.  It used to be 44 cents or 1% on large purchases.  So watch for astroturf everywhere.

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