Fed wins appeal of ‘swipe fee’ cap
U.S. court reverses debit-card decision favoring retailers
Posted: March 22, 2014 at 3:59 a.m.
WASHINGTON — A federal appeals court has handed a defeat to a coalition of retail groups that challenged as too high the Federal Reserve’s cap on how much banks can charge businesses for handling debit-card transactions.
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Business, Pages 27 on 03/22/2014