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Impact of the Durbin Interchange Amendment on the Card Payments Industry: Who Gains? Who Loses?
(*.pdf)
The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama on July 21, 2010. Section 1075 - aka the Durbin interchange amendment, will have an enormous impact on the card payments industry. Attached presentation discusses its direct and indirect effects on large and small debit and prepay card issuers, card-issuer processors, the retail card payment networks, and merchant acquirers and processors.
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||Discover's Diners Club acquisition a coup, Eric Grover, April 8, 2008
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||Comments on MasterCard, Eric Grover, April, 2007
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||European and US Payment Networks' Different Paths, Eric Grover, April 17, 2007
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