RILA: Repealing debit swipe fee reforms would once again allow the largest banks and card networks to impose outrageous fees on merchants

Arlington , VA, 2016-Sep-09 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) is urging members of the U.S. House of Representatives Financial Services Committee to vote no when the CHOICE Act comes up for a vote next week. The bill repeals reforms passed more than six years ago that brought fairness and competition […]

Retail Industry Leaders Association (RILA) expressed strong opposition to any effort to repeal debit swipe fee reforms

Arlington , VA, 2016-Jul-14 — /EPR Retail News/ — In a letter to leaders of the House Financial Services Committee, more than 100 other businesses, including many members of the Retail Industry Leaders Association (RILA) expressed strong opposition to any effort to repeal debit swipe fee reforms. Swipe fee reform, also known as the Durbin Amendment, […]