Dublin ammendment

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Breaking Down the Durbin Amendment

Many businesses that process credit card payments will notice big changes in swipe fees, and other onerous fees in the coming months, thanks to legislation enacted by the government to reverse some dubious practices by banks who rely heavily on the questionably fees as sources of high profit margins. The Durbin Amendment emerged as a last-minute addition to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, and since then has sparked tremendous debate.
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