Bill Cheney: Debit Interchange: Those Who Can Least Afford It Will Be Hurt Most


The 12-cent rate puts us in the same boat as that businessman trying to make up his losses on volume. We estimate that up to two out of every three credit unions would lose money on their debit card programs if the interchange regulations reduced interchange-related revenue by 40 percent.

via Bill Cheney: Debit Interchange: Those Who Can Least Afford It Will Be Hurt Most.

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