Electronic Payments Coalition
April 25, 2017 No Comments
Debit and credit cards make it far more convenient to buy the things you need or love. Debit interchange convenience fees – the small charges retailers pay for the flexibility…
Electronic Payments Coalition
April 25, 2017 No Comments
It’s time to get rid of the Durbin interchange amendment. The evidence that this last-minute addition to the Dodd-Frank Act has done little more than line the pockets of big-box…
Electronic Payments Coalition
April 23, 2017 No Comments
A recent IBJ opinion piece written by Jay Ricker, chairman of Ricker Oil Co. Inc., was short on fact and long on irony. Titled “How banks got their hands in…
Electronic Payments Coalition
April 23, 2017 No Comments
The estimable Mallory Duncan, general counsel for the National Retail Federation, wants card-acceptances fees for merchants lower than they can get in the market. He criticizes banks pushing reward-rich credit…
Electronic Payments Coalition
April 20, 2017 No Comments
Over the last few months, merchant lobbying groups have stormed Capitol Hill requesting two things: that lawmakers sink federal tax reform by opposing border adjustability and that they support federal…
Electronic Payments Coalition
April 19, 2017 No Comments
WASHINGTON (April 19, 2017)–The Electronic Payments Coalition (EPC) applauds Chairman Hensarling for his continued leadership to repeal the Durbin amendment and its harmful price controls. The provision for repeal in…
Electronic Payments Coalition
April 17, 2017 No Comments
[…] Exhibit A is Dodd-Frank federal price controls on debit card transaction fees charged to merchants by bank card issuers. Before Dodd-Frank, card issuers charged merchants 1-3 precent per transaction,…
Electronic Payments Coalition
April 15, 2017 No Comments
Passed as part of the Dodd-Frank Act in 2010, the Durbin Amendment was touted as a measure to benefit America’s retail consumers. The goal of the Durbin Amendment was to…
Electronic Payments Coalition
April 13, 2017 No Comments
Shortly after President Trump was elected, congressional leaders set an aggressive schedule for addressing healthcare, taxes, and financial services this calendar year. With the prolonged fight over healthcare continuing, and…
Electronic Payments Coalition
April 6, 2017 No Comments
WASHINGTON (April 6, 2017)–Javelin Strategy & Research and the Electronic Payments Coalition today released a report that reveals that small merchants are more concerned about value, and less concerned about…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
