Henry Helgeson Discusses PIN Debit & Swipe-Fee Reform

Ever since the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Barack Obama in July, much has been written about its impact on interchange fees collected by merchants who use Visa and MasterCard as their networks of choice.

The bill was drafted to promote financial stability in the U.S. by providing transparency and accountability in the financial system. Much has been discussed in regard to its effect on card-swipe fees, however one overlooked aspect of the bill could save individual fast casual operators several hundreds of dollars.

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