Debit Card Interchange Fee Regulation:SomeAssessments and Considerations
Year: 2012
Type: preprint
Abstract: The debit card interchange fee regulation introduced by the Durbin Amendment to the Dodd-Frank Act went into effect in October 2011. The regulation limits the maximum permissible interchange fee that a covered issuer can collect from merchants for a debit card transaction. In this article, we review the regulation's first-year impact on different players in the debit card market. We also discuss how the regulation may affect payments efficiency.
Source: SSRN Electronic Journal
Author: Zhu Wang
Institutions: Federal Reserve, Federal Reserve Bank of Richmond
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1811693530