R.I. Bankers Association, other banking groups object to proposal to reduce cap on debit card ‘swipe fees’
PROVIDENCE – The Rhode Island Bankers Association joined 51 other U.S. bankers associations and the American Bankers Association in signing a letter to the Federal Reserve on Feb. 14 expressing strong opposition to the Fed’s proposal to reduce a cap on the debit card processing fees that banks can charge merchants. The groups urged the […]
