Ahead of Small Business Saturday, SBPA Issues Report on Durbin-Marshall Impact to Small Business

Small Business Saturday Highlights Benefits of Credit Cards for Small Businesses

Washington, DC – In advance of Small Business Saturday, the Small Business Payments Alliance (SBPA) issued a report highlighting the importance of credit cards for small businesses – and the negative impact Durbin-Marshall would have on the electronic payments and rewards system. The SBPA is a group of independent small business owners, entrepreneurs, and tradespeople that have joined forces to advocate on behalf of a modern, safe and secure electronic payments system that supports their businesses. 

“Every year on Black Friday, we see mega retailers advertise crazy deals that are rarely as good as they seem – and that’s exactly what’s happening with Durbin-Marshall. This misguided legislation will reward mega corporations and hurt small businesses,” said Peter Kauffmann, SBPA spokesperson. “This year, the best way for Washington to support Small Business Saturday is to preserve the convenience and security of the existing credit card system.”

About the Small Business Payments Alliance 

The Small Business Payments Alliance (SBPA) is a coalition of independent businesses, entrepreneurs, and tradespeople who know the value of the electronic payments system for business and consumers. Our members rely on credit cards and rewards to lower operating costs, re-invest in their businesses and employees, manage cash flow, and give customers more choice, security, and convenience in how they pay. The modern, safe, and secure payments ecosystem is critical to our members’ success and contributions to local communities across the country. SBPA aims to educate, empower, and activate members to help ensure the electronic payments ecosystem continues to deliver access to credit, credit card rewards, convenience, and security and fraud protection for American small businesses and consumers.