Changes in the Payments Industry: Show Me the Money

The anticipated announcements from the Federal Reserve pertaining to debit interchange fee limits and what considerations, if any, will be applied to those rates for issuers and merchants who meet new higher, yet to be defined, security standards are nearing. The speculation about what will happen varies widely based on which side of the business you identify with–the fee-generating side of the issuers or the fee-paying side of the merchants. With literally billions of dollars at stake in the outcome, tensions are high, and opinions, like the Unites States political climate today, are very polarizing. Read full letter »

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