Banks and the Payment Card Industry have been under intense pressure in relation to the Interchange fees charged when they assist in processing debit card transactions. A bill has now been introduced which could delay the mandatory reduction in fees for up to two...
Full Report:http://www.bcg.com/documents/file71194.pdf The Boston Consulting Group’s recent study of the impact of card reform regulation predicts that the loss of revenue from the card payment industry’s traditional models will be made up in other ways, citing higher fees for consumer and business banking products,...