Electronic Payments Experts - Blog

April 2010

Monthly Archive

Interchange fees cost you more than you realize

05 Apr 2010 | : Education, General

This is an interesting article from WalletPop, a consumer finance website.  Click here to read.  It talks about the broader economic impacts of interchange fees. While we don’t think that reducing interchange will increase jobs as the article asserts, we do agree that Visa and MasterCard have unchecked pricing power. This pricing power manifests every year in the form of higher dues and interchange fees. Continue Reading »