Electronic Payments Coalition
October 27, 2021 No Comments
Retailers are lobbying for big-government mandates that would give them the power to decide which credit card network your purchase transaction would be routed. These credit routing mandates would prevent…
Electronic Payments Coalition
October 20, 2021 No Comments
On October 20, 2021, the Electronic Payments Coalition, alongside eight other undersigned organizations, penned a joint letter to members of the Wisconsin Assembly Committee on Financial Institutions, including Chairwoman Cindi…
Electronic Payments Coalition
October 8, 2021 No Comments
There are several myths surrounding the use issue of rewards credit cards, illustrated in Emily Stewart’s piece, “The Ugly Truth Behind Your Fancy Rewards Credit Card.” Addressed below are several…
Electronic Payments Coalition
August 9, 2021 No Comments
The Durbin Amendment, passed as part of Dodd-Frank in 2010, established a government-imposed price control on interchange fees for debit cards. This cap has resulted in a massive transfer of…
Electronic Payments Coalition
July 26, 2021 No Comments
Some retail industry groups like to claim that interchange fees are one of the highest costs facing small businesses. This claim, however, is false. The report below analyzes the costs…
Electronic Payments Coalition
June 24, 2021 No Comments
Although the Durbin Amendment supposedly “exempted” community banks and credit unions, data from the Federal Reserve clearly show that, following the amendment’s passage, interchange revenue fell for these entities in real terms.…
Electronic Payments Coalition
June 16, 2021 No Comments
Today, EPC released a new resource that explains what interchange is and how it works, and highlights the overall value it brings to the electronic payments system, including consumers and…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
