India Weighs the Return of Debit Fees
Three years after eliminating them, India’s government is considering reinstating merchant charges on UPI (Unified Payment Interface) and RuPay debit ...
Tag: Debit Fees
Learn about debit fees and their role in the banking and payments industry. Discover how these fees affect transaction costs, influence merchant strategies, and drive discussions around transparency and regulatory changes in financial services.
Judge Grants Partial Injunction in Illinois Interchange Fee Case
A judge in Illinois’ Northern District has determined that challenges to a law aimed at banning credit and debit interchange ...
Australia Announces a Debit Card Interchange Fee Ban
To alleviate the inflationary pressure on consumers and small businesses, the Australian government has announced plans to ban interchange fees ...
As Credit Card Debt Skyrockets, More Consumers Use Debit
A recent analysis of debit trends found that active cardholders made an average of 34.6 debit transactions per month last ...
Fed’s Proposed Debit Fee Changes Garners Mixed Reactions
Last week, the Federal Reserve Board voted in favor of a proposal to lower the maximum interchange fee that covered ...
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