Topics: Payment Systems

Fed Rule Allows Banks to Charge Merchants "Fraud Prevention" Fee

• 2012-08-06
• NATSO Articles
• Payment Systems
• Credit/Debit Fees
• NATSO News Weekly

The Federal Reserve Board last week announced approval of a final rule that allows debit card issuing banks with more than $10 billion in assets to charge a one cent fraud prevention fee. More

Federal Reserve Releases Report on Debit Interchange Fees

• 2012-05-07
• NATSO Articles
• Payment Systems
• Credit/Debit Fees
• NATSO News Weekly

Small banks have been unaffected by the changes to debit card transaction fees under last year's Dodd-Frank Wall Street Reform and Consumer Protection Act and competition remains absent from the debit payment market, according to a new report issued by the Federal Reserve last week. More