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The Great Interchange Debate: You Get What You Pay For

Interchange. Credit unions love it and merchants hate it. However, merchants are being more than hypocritical in suggesting credit unions and other financial institutions cap debit card interchange fees.

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Interchange. Credit unions love it and merchants hate it. However, merchants are being more than hypocritical in suggesting credit unions and other financial institutions cap debit card interchange fees. Every business generates income on fees for products and services, and interchange is no different. They’ve so much as admitted it in arguing that prices would decline if interchange were kept in check; retailers are charging consumers for using plastic.

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