unaffiliated debit payment networks

  • Good Faith + Care = 21 Cents

    Credit unions got a bit of good news when the Federal Reserve reversed itself and announced that debit interchange fees will be capped at 21 cents a transaction, up from the original proposal of 12 cents, with a 1 cent fee for fraud prevention and a five basis point allowance...

  • Print Preview: Good Faith + Care = 21 Cents

    This article about the Fed's move on the interchange cap is just one of the articles that will appear in the next print edition of Credit Union Times.

  • CUs Must Act Now to Prepare for Durbin Amendment

    Now that the Federal Reserve has publicly discussed the proposed rules surrounding debit card interchange and routing, financial institutions should be preparing for the impact.

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