The Electronic Payments Coalition issued a press release titled "Consumers Will Be Hurt By Interchange Regulation: 5 Articles of Proof" yesterday responding to pressures for regulation of interchange fees in the US:

"Today, the Electronic Payments Coalition released key evidence from several sources, demonstrating conclusively that consumers would be hurt by interchange regulation in the form of higher fees, fewer benefits, and zero savings at the cash register. Despite the misleading claims of giant retailers who want to shift this cost, merchants themselves have confirmed that they would not pass savings on to their customers." READ MORE »

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