New Rates
The Durbin amendment protects merchants from higher interchange fees on debit card transactions by imposting a cap of 21 cents plus 0.05 percent of each transaction.
" The Federal Reserve Board's final decision on debit interchange fees raises the cap from 12 cents to 21 cents. "
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Merchant Industry has changed its pricing system. Please complete the simple form and our representatives can help businesses and merchants understand the positive effects of the Durbin Amendment.
