Free Lunches, Interchange Zero and 35-Percent Processing Fees
Creating buzz around a mobile payments service is fine, so long as the taglines are not too outrageous. However, "Interchange Zero" crosses the line....
Tag: interchange fees
Retailers Pay Higher Fees for PIN Debit Transactions
Retailers are paying higher fees for accepting PIN debit transactions, but their overall interchange burden has decreased significantly....
Dick Durbin, PayPal and Home Depot’s Payment Acceptance Cost
The Durbin Amendment reduced Home Depot's debit card acceptance cost and PayPal is promising to help the retailer do the same for credit cards....
Where Is My Debit Discount?
The Durbin Amendment greatly reduced the amount of debit transaction fees paid by the big-box retail chains. So where is my promised discount?...
Debit Interchange Fee Chutzpah
Retailers are suing the Federal Reserve for not setting the debit interchange fee limit low enough. Fortunately, they are unlikely to win....