Dodd-Frank Law

Durbin Amendment

As stated in the Durbin Amendment 2, the 2010 Dodd-Frank law prohibits a payment card network from inhibiting the ability of anyone to provide a discount for payment by cash, debit cards, or credit cards as long as they abide by Federal and State Law.

New York 2nd Circuit Court of Appeals Definition of Sec. 518 (Sept. 29, 2015) “In practice…lets stores offer “discounts” to cash customers”