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Monthly Archives: February 2012
The Durbin Amendment
We field lots of inquiries asking what all the fuss about the Durbin Amendment is about in regards to merchant payment processing. In truth, the Durbin Amendment is very complex, but here is a brief explantion as pertains to most … Continue reading
Visa announces more fee changes in April
Visa has announced more changes to debit pricing structure in accordance with the Durbin Amendment, which will take effect in April 2012. The more important changes are summarized below: The new Transaction Integrity Fee (TIF) of $0.10 will be assessed … Continue reading
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