Skip to Main Content

Economic Quarterly

Third Quarter 2012

Debit Card Interchange Fee Regulation: Some Assessments and Considerations

Zhu Wang

The debit card interchange fee regulation introduced by the Durbin Amendment to the Dodd-Frank Act went into effect in October 2011. The regulation limits the maximum permissible interchange fee that a covered issuer can collect from merchants for a debit card transaction. In this article, we review the regulation's first-year impact on different players in the debit card market. We also discuss how the regulation may affect payments efficiency.

Subscribe to Economic Quarterly

Receive an email notification when Economic Quarterly is posted online:

phone Contact Us

Karl Rhodes (804) 697-8144