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...
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Understanding Fed’s Proposed Rules on Debit Interchange Fees & Routing
This article examines the debit interchanges rules proposed by the Federal Reserve last month and how they will likely impact the merchant community.
2010 Spring Interchange Updates (Increases) are Here
Visa, MasterCard, and the PIN debit networks are starting to release their annual Spring interchange and dues updates. For the most part, the updates reflect interchange increases that will be passed on to merchants, and will drive up the overall effective cost of...
How Accepting ATM Cards Can Improve Your Profitability
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...