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Credit and Debit Cards

What Merchants Should Watch for Now that The Dodd-Frank Act has Passed
2010-07-31 13:19
The most important area of card acceptance impacted by The Dodd-Frank Act is the Federal Reserve oversight of interchange fees established by card issuing banks and MasterCard/Visa for the processing of debit card transactions. The impact on merchants’ costs to process is still unknown.
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What You Can Expect from the Dodd-Frank Act’s Regulatory Reform Bill
2010-07-06 11:43
The Dodd-Frank Act gives the Federal Reserve control over interchange rates for debit cards and merchants have control over promotions and minimums.
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