When people don't understand what's going on, they're likely to feel cheated; so even if their complexity is justified, interchange tables need to be downsized....
The Durbin Amendment was a government-mandated redistribution of revenues from one industry to another, something the government has no business doing....
Judge Gleeson should approve the $7.25B credit card interchange fee settlement in the lawsuit against Visa and MasterCard and put an end to this farce....
The merchants benefited hugely from the reduction of the debit interchange fees, but they may not be able to replicate their victory on the credit card front....
Square is now offering merchants a flat-fee monthly payment plan, but a traditional interchange-plus pricing plan would still be the best option for most....
