Retailers are taking other steps to protect their profit margins from swipe fees. For instance, a Georgia coffee shop will sell customers $5 gift cards and deduct the value of their purchases from their cards, or will open tabs for customers who plan to stay for an extended period of time. Other merchants, including some in New York, are opting to install ATMs.
Durbin Amendment Debit Fees Hurt Small Merchants
by Lisa Poyner | Jan 12, 2012 | Insights