Sen. Jon Tester proposes two-year review of impact a debit interchange reduction could have on the economy. If passed, Tester’s amendment would negate or significantly cripple debit interchange fee reductions included in a separate amendment attached to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Durbin supporters, namely retailers, say the amendment would fuel the economy and enhance debit’s use, since fee reductions would benefit consumers and retailers alike. National Association of Federal Credit Unions says recent incidents prove industry cannot afford to cut fraud-prevention investments.”]
Source: https://www.govinfosecurity.com/debit-fraud-interchange-a-3661