Repost: National Retail Federation Senior Vice President and General Counsel Mallory Duncan Duncan discusses his October 8, 2009, testimony before the House Financial Services Committee and explains how the credit card industry is in an “arms race” to raise “swipe” fees.
Filed under: banking, banking crisis, credit card antitrust, credit cards, debit cards, interchange, interchange fee, merchant interchange, price-fixing, visa Tagged: Mallory Duncan, national retail federation, nrf, swipe fees, SwipeFees