Durbin: Not so Bad… No change in PIN Debit

Fed just rolled out the final Durbin caps http://www.federalreserve.gov/newsevents/press/bcreg/20110629a.htm $0.21 + 5bps + $0.01… effectively leaving PIN Debit untouched for an average $38 transaction. What changed? Economics behind Signature Debit.. Sig Debit is dead… From the Fed Interchange fees. Networks … Continue reading Durbin: Not so Bad… No change in PIN Debit