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...
Durbin Amendment & Fed Rules Q&A
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In an ever-changing landscape, keep ahead of the curve with insights and industry news from Optimized Payments.
Two weeks ago, Visa announced that it will support a two-tier debit interchange structure - the current debit interchange rates for issuers with assets less than $10 billion and the new capped debit rates being developed by the Federal Reserve for larger issuers. ...