H.R.4173. In a day when 140 characters rule the media, these six characters may usher in the third major era of the Debit industry. To quote another famous H.R.: Can’t do a little, ‘cause [...]
In the evening of May 13, 2010, a shock wave went through the payments industry. The Senate overwhelmingly passed a bill that, at first blush, enables regulation of Debit Card fees – both [...]
The price for using that card… it’s simple. It’s just 80 basis points of the purchase price plus 17¢. Unless it’s for gas, where the 17¢ becomes 13¢. Or it’s a [...]
Bucking the current trend of professing Ad Valorem Debit Interchange the root of all payments evil, The Kansas City Fed has released a new paper that concludes that Ad Valorem Debit Interchange [...]