What is the Durbin Amendment?

  • Part of the Wall-Street Reform and Consumer Protection Act of 2010.
  • The provisions of the Durbin Amendment became active in October of 2010.
  • The new law has reduced the average amount that retailers pay for debit card transactions by 50% (often called interchange fees or swipe fees).
 These changes in guidelines mean all time low card processing rates. If you have not recently reviewed your current rates, you are paying way too much. Our bottom line pricing of .25% is the best in the business. Give us a call to see if you qualify.
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