admin, Author at Electronic Payments Coalition

March 24, 2009

Fact Sheet: Checks And Debit Cards Aren’t The Same

Fact sheet explaining how retailers are arguing for pricing parity between debit cards and checks even though they know that checks are not free, are a far more risky form of payment and an option they already have the ability to encourage.

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March 1, 2009

Credit Card Market: Economic Benefits and Industry Trends

In this study, “Credit Cards and Small Business: The Benefits, Opportunities and Policy Debate,” SBE Council Chief Economist Raymond J. Keating highlights key moments in the history of the credit card business, and notes how the modern system works. Keating looks at the “interchange fee,” and helps readers understand the economics of “two-sided markets.” He walks through the facts, the trends, the numbers, and the many benefits to small businesses.

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January 1, 2009

Competitive Enterprise Institute Report: Payment Card Networks under Assault

This issue analysis report explains how capping interchange fees will hurt consumers, charities, community banks, and credit unions.

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January 1, 2009

2009 GAO Report on Interchange Regulation

The 2009 GAO study on interchange states that consumers could be harmed if Congress acts to lower what merchants pay to accept debit and credit.

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December 2, 2008

De Nederlandsche Bank Research on Interchange Fees

An empirical analysis of surcharging card payments and payment behaviour in the Netherlands.

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September 1, 2008

Thomas Jefferson School of Law Study

This study argues that banking services benefit customers compared to systems where retailers deny card use.

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May 1, 2008

United States General Accounting Office Report to the Congressional Requestors

The GAO reports that federal entities are taking actions to limit their interchange fees, but additional revenue collection cost savings may exist.

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April 28, 2008

Regulatory intervention in the payment card industry by the Reserve Bank of Australia

This CRA International report illustrates that, due to interchange regulation, on average, the annual fees paid by consumers increased 22 percent from 2001 to 2004 while annual fees for rewards cards increased by 47-77 percent.

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January 27, 2007

Statement for the Record Before the Committee on Banking, Housing and Urban Affairs

This statement outlines how the proposed rate for debit card interchange does not come close to covering all of the costs that a debit card issuer incurs, much less the value the issuer provides in performing the services from which merchants directly benefit.

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January 1, 2007

FMI Research Study: Supermarket Security and Loss Prevention 2007

This FMI Research study reports on 8,893 stores who share their experience with balancing budgets, equipment and personnel to create the best loss prevention strategies. It provides an in-depth look at all forms of loss as well as methods used to prevent theft in the food retailing industry. A special focus area on ORC including expert essays accompanies the report.

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Resources

Fact Sheet: Checks And Debit Cards Aren’t The Same

Credit Card Market: Economic Benefits and Industry Trends

Competitive Enterprise Institute Report: Payment Card Networks under Assault

2009 GAO Report on Interchange Regulation

De Nederlandsche Bank Research on Interchange Fees

Thomas Jefferson School of Law Study

United States General Accounting Office Report to the Congressional Requestors

Regulatory intervention in the payment card industry by the Reserve Bank of Australia

Statement for the Record Before the Committee on Banking, Housing and Urban Affairs

FMI Research Study: Supermarket Security and Loss Prevention 2007

Latest Updates

EPC Statement on Durbin Legal Brief

What People Are Saying About Illinois’ Credit Card Chaos: OCC Edition

Study Shows New Illinois Law Will Line the Pockets of the Largest Mega-Stores, Bear Costs on Small Businesses