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.
This article examines the debit interchanges rules proposed by the Federal Reserve last month and how they will likely impact the merchant community.
The use of ATM or PIN-based debit cards in the U.S. has been rising faster than signature debit cards and credit cards over the past decade. Merchant sales volume for PIN transactions has been growing 21% annually since 2000, slightly ahead of signature debit and...