Payment Depot Blog The Durbin Amendment and Its Implications for Small Businesses

As cards increasingly dominate the current payments landscape, debit cards have become an important part of the mix. Debit cards accounted for $2.043 trillion in purchase volume for products and services in 2020, an increase of 6.3% from the previous year. However, the Durbin Amendment of 2010 has significantly affected US-based debit card operations. Retailers [...]The post The Durbin Amendment and Its Implications for Small Businesses appeared first on Payment Depot.