Heartland Payments Systems, a leading merchant paymentsprocessor, estimates that merchants will save at least $1,000 ondebit interchange in the wake of regulations implementing theDurbin Amendment.

The processor reported that between Oct. 1 and Oct. 11, it haspassed on $5,532,318 in savings from the regulations to itsmerchant clients, with $1,992,770 going to restaurant owners.

Based on the transactions in that 10-day period, the processorestimated that 64% of its debit traffic came from cards issued byfinancial institutions under the cap and that 36% came fromfinancial institutions that are not under the cap.

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