New research shows debit interchange regulations have kept rates high and processing costs low.
After the Fed's current interchange rule was upheld in court, plaintiff retailers say they may appeal to the Supreme Court.
Kansas City economist says debit cap increases access to no-fee accounts, especially in competitive markets.
The European Commission has proposed capping debit and credit card interchange at 0.2% and 0.3% respectively.
Durbin Amendment proponents, opponents hail, assail this week's announcement by Fed.
Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.
An increasing number of retailers appear to be coming out in opposition to the recent proposed settlement of the antitrust case centering on credit card interchange.
Merchant Payments Coalition says not all retailers keen on agreement with card brands and issuers and that it only becomes final if enough agree.
Retail associations are celebrating what they are calling a year since their legislative victory in the battle over the Durbin amendment by asserting that none of amendment opponents' dire predictions have come true.
Merchant Payments Coalition says credit unions, community banks have benefited.