Payments News -

Few online retailers report lower debit card rates

Debit card interchange rates have not fallen much since a reduction was mandated by the U.S. Federal Reserve Board, according to a new e-tailer survey by Internet Retailer.  Just 14.6% of respondents said they are paying reduced debit fees, while 17.7% reported that their fees have climbed and 67.7% said their fees remain unchanged from [...]

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