The Federal Reserve Board (“FRB”) proposes to lower fees for debit card purchases. The FRB announced proposed rulemaking to reset its Durbin Amendment cap on interchange fees to 17.7 cents on an ...

Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

The Federal Reserve is preparing a proposal that would lower the fees merchants pay to many banks when consumers shop with debit cards. Today, merchants pay large card issuers 21 cents plus 0.05% of ...

September 15, 2025 - US merchants are cautiously optimistic that a federal district court's decision in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., No. 1:21-CV-00095, 2025 WL 2253474, (D ...

TROY, Mich.--(BUSINESS WIRE)--Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ...

Debit card rewards often play second fiddle to perks associated with their credit card cousins. But astute banks are fine-tuning their approach. Debit cards are a popular way to pay. Consumers between ...

Editor: According to a recent AARP Bulletin: “Card networks forbid collecting a surcharge on debit card transactions, even if they are handled by a retailer just like a credit card… Merchants can pay ...

The Federal Reserve Board’s proposal Wednesday to make a 31% reduction in the main component of its debit card interchange ceiling for large issuers touches on a longstanding sore point among ...

A new crypto debit card from MetaMask has hit the market. This card’s reward rate is higher than most other debit cards ...