(Atlantic) Officials with the Small Business Payments Alliance met with small business owners and farmers in Atlantic on Friday to discuss the future of electronic payments and the potential impact of federal policy changes.
John Stineman, with the Small Business Payments Alliance, said that in Washington, D.C., lawmakers are considering legislation called the Durbin–Marshall Credit Card Bill.
(Stineman said the real concern is that small businesses will not receive the reported benefits the bill is expected to create. Instead, they could lose security in their transactions, lose access to capital, and consumers could lose rewards.)
Stineman is encouraging people to understand what is happening in the broader environment and how it directly affects their business. More information is available online at https://smallbusinesspaymentsalliance.com/.
