RICHMOND, VA — (Marketwired) — 05/08/13 — The debit card interchange fee regulation introduced by the Durbin Amendment to the Dodd-Frank Act went into effect in October 2011. The regulation limits the maximum permissible interchange fee that a covered issuer can collect from merchants for a debit card transaction. In this issue of Economic Quarterly, Richmond Fed economist Zhu Wang reviews the regulation-s first-year impact on different players in the debit card market.
You can find the full text of this article and others in the latest issue of Economic Quarterly .
Also in the Third Quarter 2012 issue:
by Marianna Kudlyak
by Felipe Schwartzman
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