DD Support Board and Research Team

[OMOLIVES]

?... so the small guy that is constantly being forced to pay large fees for debit/credit card transactions can' fight such? Because of a statute of limitations?

In 2021, when Corner Post, a truck stop and convenience store in Watford City, N.D., joined a lawsuit challenging a 2011 regulation issued by the Federal Reserve Board governing the fees that merchants must pay whenever their customers use a debit card. A federal district court dismissed the case. It reasoned that the six-year statute of limitations imposed by the Administrative Procedure Act, the federal law governing agency actions and the legal challenges to them, applied, even though Corner Post had not opened its doors until 2018.

I typically ask, every single time when I am at the garage, landscape supply, small hardware store..food truck..etc...if it is better to pay in cash than card. A lot of them say cash...as such...I comply. This decision was for the little guy that does not have enough volume to cover the fees.

Get your head out of that political cloud! .... :) What you are saying is nonsense.