I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

When a merchant accepts credit card payments, it pays an interchange fee charged by the credit card company to process each card transaction. Interchange fees can chip away at a merchant’s bottom line ...

On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...

(i) the incremental cost incurred by an issuer for the role of the issuer in the authorization, clearance, or settlement of a particular electronic debit transaction, which cost shall be considered ...

BISMARCK, N.D. - A federal judge in North Dakota has ruled that the Federal Reserve erred in 2011 when it set the long-standing cap on debit card "swipe" fees charged to retailers. U.S. District Judge ...