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Message: Merchants Payments CoalitionFederal Reserve Proposed Rule – Background Information This memo offers the Merchants Payments Coalition perspective on the forthcoming Federal Reserve rulemaking on interchange fees, which is now predicted to be released the week of December 13. Strong swipe fee reform is a win for consumers: In a functioning market, prices are a reflection of costs. If Congressional reforms are implemented as they were written, the reduction in merchant costs from reduced interchange fees will undoubtedly be reflected in the prices consumer pay. The Merchants Payments Coalition welcomed the historic reforms passed Congress earlier this year,… Go to http://www.unfaircreditcardfees.com