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Canadian Senate committee recommends oversight board for payments
July 9, 2009
Digital Transactions:A sweeping new report from a Canadian Senate committee recommends the federal government create a payment-system oversight board, ban percentage-based debit card interchange for three years, and permit merchants to surcharge card transactions. Those are just some of the proposals in the report as Canada confronts many of the same payment issues now working their way through the U.S. Congress.
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