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Durbin Amendment Industry News

In an ever-changing landscape, keep ahead of the curve with insights and industry news from Optimized Payments.

Latest News from Durbin Amendment

Strategies for Managing the Cost of Processing Small Ticket Payments

The cost of processing low value debit card sales (transactions less than $15.00) has dramatically increased for merchants since the implementation of the Durbin amendment on October 1, 2011. While this new regulation caps the debit interchange fees for regulated...

Durbin Amendment Final Rules

Today the Federal Reserve Board issued final rules of the Durbin Amendment, part of the Dodd-Frank Act signed into law in July 2010 by President Obama.  The Durbin Amendment gave authority to the Federal Reserve to regulate debit (signature, PIN, and PINless)...

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Durbin Amendment & Fed Rules Q&A

Here's a good and thorough list of questions and answers on the Durbin amendment and Fed's proposed rules from BAMS. 1. What is the official name of the reform act? Section 1075, which contains the Durbin Amendment (sometimes referred to as a provision or act), is but...

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