Debit Networks Lock In Small Bank, Credit Union #SwipeFees Exemption


Visa announced its intention to create a two-tier interchange schedule in January, and other networks have been following suit ever since. Because banks and credit unions make decisions about which network to use when offering their cards based on which network offers them the highest swipe fees, these moves were not surprising to industry experts.

via Debit Networks Lock In Small Bank, Credit Union Swipe Fee Exemption.

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