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…
Electronic Payments Coalition
April 9, 2021 No Comments
Today, EPC released a new resource that succinctly explains what interchange is, how it works alongside other fees, and overall what portion of total sales revenue it entails. It includes…
Electronic Payments Coalition
July 21, 2020 No Comments
July 21st marks the tenth anniversary of the Dodd-Frank Act, which included the Durbin Amendment’s price controls on debit cards. EPC marks the day by promising to continue fighting back…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.