Tag: interchange fees

Having won the debit interchange battle last year, although they still complain that the final resolution was deeply unfair to them, the nation’s retailers have now trained their guns on a much bigger prize: the credit card interchange fees. In fact,...

The nasty side effect the Durbin Amendment is having on small-ticket retailers was predictable and described in detail in this blog and elsewhere....

The impact of the Durbin Amendment, which limited debit card interchange fees, on consumers will be neutral at best and most likely negative....

U.S. retail groups -- winners of the debit interchange war -- are suing the Federal Reserve for not lowering the swipe fees enough; ask for more....

Debit card fees may be gone, but new bank fees are now popping up all over the place and existing ones are being ramped up....