Merchant Payment Commission trade group uses economist's data from 27,000 retail sites to reach conclusion. NAFCU unimpressed.
Trades add their voices to briefs filed with federal judge in interchange swipe case.
Federal appeals court again rebuffs efforts to oppose interchange settlement until settlement is finalized.
A CUNA survey of some of its member credit unions suggests credit unions with less than $10 billion in assets have begun to take a hit to their debit card interchange even though they were not supposed to feel the impact of a debit interchange cap.
The Electronic Payments Coalition expects both sides of a proposed settlement on card interchange will file definitive settlement agreement on Friday.
The question of whether or not the Federal Reserve went far enough or too far in capping debit card interchange in accord with the Durbin amendment went before a U.S. District Court Judge recently.