Posts: 1,881
Registered: ‎10-31-2011
Happy anniversary, swipe fee reform (Opinion Article)

First couple of lines:


October 1 marks the one-year anniversary of the implementation of debit card  swipe fee reform. It’s a reform that is working well and is a good start toward  bringing transparency and competition to debit and credit card swipe fees.


As a strong advocate of the free market system, I’m confident that I know a  free market when I see one. The credit and debit card swipe fee system is in no  sense a free market.