Resources

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.

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.

December 2, 2008

De Nederlandsche Bank Research on Interchange Fees

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

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.

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.

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.

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.

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.

September 1, 2004

AEI-Brookings Joint Center for Regulatory Studies: The Economics of a Cashless Society: An Analysis of the Costs and Benefits of Payment Instruments

This study provides an economic approach for assessing the relative costs and benefits of various payment methods. It is the first study to examine empirically the move toward a cashless society using cost-benefit analysis.

What does it Cost to Make a Payment?

This study surveyed the limited data that exists concerning the cost of making/receiving a payment by banks, retailers, and other parties to a transaction. Since an electronic payment costs between one-third and one-half that of a paper-based instrument, a country may save 1% of its GDP annually as it shifts from a fully paper-based to a fully electronic-based payment system. Some gains have already been realized. Additional analysis indicates that bank costs of making a payment may have fallen by 45% in Europe as the share of electronic transactions in 12 countries rose from .43 to .79 over 1987-1999

Latest Updates

September 12, 2024

What They Are Saying: What America Is Saying about the Durbin-Marshall Credit Card Bill

September 10, 2024

EPC Statement on Mega-Store Funded CMSPI Propaganda

Press Releases / Statements

September 10, 2024

EPC Releases “Guard Your Card” Video Series

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