How does the money flow in this complex transaction? HELENA — This October, a cap will be imposed on the “swipe fees” that banks receive for transactions with debit cards they issue. Read more on Billings Gazette
Category: Information | No Reviews »
Fed approves higher swipe fee cap The Federal Reserve Board on Wednesday issued a final rule capping debit card interchange, or swipe, fees at 21 cents per transaction, nearly double the initial proposal of 12 cents per transaction. Read more on National Jeweler
Category: Information | No Reviews »