Tyro already have 0 fee for the terminal if the merchant has over $10K in debit transactions per month. That's what I read this morning on Tyro's site.
I think there will likely still be debit fees that the merchant has to pay. They will be lower (capped) then today's and the merchant won't be able to pass them on. Instead, the merchant will probably add the cost into their pricing, which is what they should have done in the first place.
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