“[Consumers] have not enjoyed any pass-through benefit from lower swipe fees in the price of retailer goods and services…”

“Once again, government interference in the marketplace has had unintended bad consequences.”

“We were told that the savings would be passed on to consumers. But guess what? Months later, turns out that never happened.”

“The [Federal Reserve] ruling was regarded as a boon for bigger retailers and – in theory at least – for shoppers who preferred debit over credit.”

“Will consumers ever see savings at the register from the Durbin Amendment? The prospects are bleak. It appears that, despite promises to the contrary, our nation’s big-box retailers have chosen to simply pocket the money.”

“Banks have been hit with a 45 percent reduction in the revenue they depended on to provide low-cost accounts, fight fraud and maintain the U.S. payments system.”

“Contrary to [] statements in the media and on the Senate floor, consumers have not received a single benefit from [the] so-called ‘Durbin Amendment,’ which cut in half the price retailers pay to process debit card transactions.”

“Americans will likely be paying more for their holiday gifts this year, in spite of a new regulation on the amount of money retailers needed to pay to accept debit cards.”

“Recent Federal financial overhaul, designed to save businesses money on credit-card transactions, is back-firing.”

“Many business owners who sell low-priced goods like coffee and candy bars now are paying higher rates—not lower—when their customers use debit cards for transactions that are less than roughly $10.”