Payments News

Consumer savings to vanish: If Congress pulls the plug on reforms for debit cards

Mar 17, 2017
Six years ago, Congress saved consumers billions of dollars a year by introducing good old-fashioned competition to a business consumers rarely see but that drives up the price of every single thing they buy. This reform saved Americans $6 billion in the first year alone, says a noted economist, not to mention supporting more than 37,000 jobs.

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