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Only for large banks. Search “ durbin exempt interchange”.
by MarkSweep 4y ago
Only for large banks. Search “ durbin exempt interchange”.
- khuey 4y agoLast I looked at the numbers most transactions were covered by the Durbin Amendment. Interchange fees for exempt single message (PIN) transactions had also fallen to basically the cap. It was really only exempt double message (signature) transactions that were still expensive.