Analysts Predict Retail Savings From Debit-Fee Cap

Supermarkets could see savings of 5% to 10% of earnings as a result of new rules for debit-card interchange fees, according to an analysis by investment firm Credit Suisse, although banks and card issuers complained their revenues will plummet. In an article published by Barron's last week, Credit Suisse analysts said the so-called Durbin Amendment of the massive financial reform legislation passed

Supermarkets could see savings of 5% to 10% of earnings as a result of new rules for debit-card interchange fees, according to an analysis by investment firm Credit Suisse, although banks and card issuers complained their revenues will plummet.

In an article published by Barron's last week, Credit Suisse analysts said the so-called Durbin Amendment of the massive financial reform legislation passed last year is estimated to reduce interchange fees that payment networks charge retailer

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