Electronic Payments Coalition
October 14, 2015 No Comments
This week marks the fourth anniversary of the “Durbin amendment,” a defective law directing the Federal Reserve to impose price-controls on debit interchange fees. Slipped into the Dodd-Frank financial reform…
Electronic Payments Coalition
October 8, 2015 No Comments
The Great Recession devastated the American economy and disrupted the lives of millions of Americans who were laid off or lost their homes to foreclosure. In an effort to promote…
Electronic Payments Coalition
October 6, 2015 No Comments
When U.S. Sen. Dick Durbin persuaded Congress to cap the fees retailers pay for debit card processing, he promised the retailers would pass the savings on to consumers. Studies have…
Electronic Payments Coalition
October 2, 2015 No Comments
Four years later, the evidence against merchants continues to pile up. Four years of consumer research by Phoenix Marketing International (PMI) has found that consumers continue to say they are…
Electronic Payments Coalition
October 1, 2015 No Comments
It’s no secret that innovation requires investment and commitment, especially when it comes to payment security. Consumers benefit most when all participants come together to achieve results. That is why…
Electronic Payments Coalition
September 30, 2015 No Comments
October 1, 2015 marks the fourth anniversary of the Durbin amendment’s implementation, but consumers aren’t celebrating. Once again, a new survey shows at least 92 percent of shoppers in each…
Electronic Payments Coalition
September 28, 2015 No Comments
As we approach the fourth anniversary of the implementation of the Durbin amendment, the Federal Reserve Bank of Richmond has released a new study which finds that debit interchange price…
Electronic Payments Coalition
September 18, 2015 No Comments
The more things change, the more they stay the same. The National Association of Convenience Stores’ latest op-ed on debit-card interchange fees is the most recent in the organization’s years-long…
Electronic Payments Coalition
September 14, 2015 No Comments
It is sometimes said that the definition of a true compromise is one in which neither party is really happy about the end result. If you accept that definition, perhaps…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
