Debit-Fee Rule Irks Retailers

WASHINGTON The Merchants Payments Coalition here last week said it was considering filing litigation after the Federal Reserve issued a final rule for assessing debit-card interchange fees that was more beneficial to banks than a previously proposed version. The most straightforward option we have is to bring litigation, and we are certainly looking very closely at that in the context of this rule,

WASHINGTON — The Merchants Payments Coalition here last week said it was considering filing litigation after the Federal Reserve issued a final rule for assessing debit-card interchange fees that was more beneficial to banks than a previously proposed version.

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