The Durbin Amendment finally went into effect in October 2011. The Amendment, added on to The Restoring American Financial Stability Act of 2010 sponsored by Senators Dodd and Frank, caps the amount many banks can charge merchants for debit card transactions.  But are merchants benefitting? Probably not.

In fact - the majority of merchants will likely see no price reductions because of their current pricing rate structure.

Contact XBS by filling out the form in the right column for a swift price check and start receiving the benefits of Durbin now.