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| Durbin Dollars, Merchants and their Money: The Advent of the $10 minimum credit-card purchase
Durbin Dollars, Merchants and their Money: The Advent of the $10 minimum credit-card purchase
September 02, 2011
Thirty days from today, on Oct. 1, all the rules change for payments processing. At OMEGA, Durbin Dollars revert back to merchants and Main Street.
On Oct. 1, all the rules change in payments processing, courtesy of the Durbin Amendment to the financial reform overhaul package.
But who benefits? Ask OMEGA, newest alumnus of the Inc. 500|5000 class of 2011.
Basically, there's a scramble for the money in the electronic payments processing b...
Read more at:
http://www.1888pressrelease.com/durbin-dollars-merchants-and-their-money-the-advent-of-the-pr-331679.html
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