INFOGRAPHIC: How The Durbin Amendment Led To Massive Political Controversy

What’s the status of credit card networks B.D. (before Durbin)?

Visa and Mastercard dominated the industry and basically dictated prices. Then a little amendment entered in 2010 called the Durbin.

Nerdwallet illustrates how the Durbin went from unknown to causing a massive political rift.

Take a look at the timeline infographic:

Durbin Amendment

Photo: Nerdwallet

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