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Lower Debit Card Fees for Merchants | Bryan Cave Leighton Paisner

Published: November 6, 2023

The Federal Reserve Board (“FRB”) proposes to lower fees for debit card purchases. The FRB announced proposed rulemaking to reset its Durbin Amendment cap on interchange fees to 17.7...

Source: jdsupra.com

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Payment Card NetworkDebit Card IssuerMethodology Changes For Base ComponentFederal ReserveFederal Reserve BoardDurbin AmendmentDodd Frank Wall Street ReformConsumer ProtectionMethodology ChangesFraud Reduction CostCard IssuerPayment Card Network SurveyProposed RulemakingElectronic Funds Transfer Act