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Regulation of Debit Interchange Fees

Description: This report provides a description of the debit payments process and network pricing, as well as an overview of the effects of the Durbin Amendement implemented by the Federal Reserve which includes a cap on the interchange fee for large issuers. In particular, the Durbin Amendment is discussed in light of comments by Federal Reserve Board Chairman Ben Bernanke.
Date: November 1, 2016
Creator: Getter, Darryl E.
Partner: UNT Libraries Government Documents Department
open access

Regulation of Debit Interchange Fees

Description: This report discusses section 735 of the Financial Choice Act (H.R. 10) which would repeal the Durbin Amendment. The Durbin Amendment capped the amount of interchange fees paid by merchants to banks when a customer uses a debit card to pay. The report begins with a description of the debit payments process and network pricing for the four-party system and the three-party system. It summarizes the requirements of Regulation II, which implements the Durbin Amendment. The report concludes with a … more
Date: May 16, 2017
Creator: Getter, Darryl E.
Partner: UNT Libraries Government Documents Department
open access

Regulation of Debit Interchange Fees

Description: This report provides a description of the debit payments process and network pricing, as well as an overview of the effects of the Durbin Amendement implemented by the Federal Reserve which includes a cap on the interchange fee for large issuers. In particular, the Durbin Amendment is discussed in light of comments by Federal Reserve Board Chairman Ben Bernanke.
Date: July 12, 2011
Creator: Getter, Darryl E.
Partner: UNT Libraries Government Documents Department
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