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Debit cards from big banks are covered by the Durbin Amendment which fixes the interchange to 0.05%. Smaller banks are regulated by Visa/Mastercard rules on in
by adrr 11y ago
Debit cards from big banks are covered by the Durbin Amendment which fixes the interchange to 0.05%. Smaller banks are regulated by Visa/Mastercard rules on interchange.
- arielpts 11y agoGreat to know, thank you for the information and source.