Should Retailers Expect Bank Refunds From the Swipe-Fee Lawsuit?By
Owners of coffee shops, convenience stores, and other Main Street businesses should take heart in a pair of recent utterances by U.S. District Judge Richard Leon. Last month, Leon ruled that the Federal Reserve acted incorrectly when it let banks charge as much as 21¢ for each debit card transaction. Yesterday, Leon suggested that banks may owe retailers refunds.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.