The Durbin Amendment’s pricing caps are having an impact on small issuers as well as large, and issuers overall are far from bullish about debit-transaction growth, according to a wide-ranging report released on Wednesday. Issuers exempt from the law’s interchange cap report an average income of 45 cents per transaction …

Going on the offense for the second time in less than a month, Visa Inc. on Wednesday filed a lawsuit against Wal-Mart Stores Inc. seeking to prevent the world’s largest retailer from suing Visa over interchange. Bentonville, Ark.-based Wal-Mart is mulling a legal challenge to the bank card networks on …

  The rhetoric spewing from partisans on both sides of the massive credit card interchange-litigation settlement is heating up as a major deadline in the 8-year-old case approaches. May 28 is the last day the court overseeing the case will let merchants opt out of their share of monetary damages …

  Interchange rates on ATM transactions are falling and may not have hit bottom yet, so independent distributors of ATMs need to look for additional sources of revenue. That is the conclusion of a recently released white paper entitled, “The Future of Interchange in the United States,” sponsored by the …

  In one of the stranger twists arising from the controversial settlement to credit card interchange litigation, the federal judge overseeing the massive case on Thursday gave lawyers for two feuding merchant groups a week to propose changes to a Web site that urges merchants to opt out of the …

Merchants and their various industry trade groups have spent quite a lot of time—not to mention money—on lobbying for regulations to control interchange costs. And not without success. In 2010, they got Congress to add the Durbin Amendment, which caps debit interchange for the biggest issuers, to the massive Dodd-Frank …

Merchants opposed to the agreement settling a massive, 7-year-old credit card interchange case filed an appeal on Tuesday challenging the court’s preliminary approval of a key part of the pact. The appeal, filed by four merchants and seven merchant trade groups, comes on the same day as the U.S. District Court for …

To the dismay of retailers but the joy of the card networks and bank defendants, U.S. District Judge John Gleeson on Friday gave preliminary approval to the controversial settlement of credit card interchange litigation announced July 13. The National Retail Federation, the leading retail-industry trade group and an outspoken foe …

In what amounts to a reminder about an unanticipated consequence of the Durbin Amendment debit card regulations, USA Technologies Inc. (USAT) reported Wednesday that it had extended its agreement with Visa Inc. that provides the vending-machine payment network operator with favorable pricing on small debit transactions. The news wasn’t a …

The obituaries for debit card rewards may be premature. Of the 100 largest issuers of debit cards ranked by debit purchase volume, 37 now offer a rewards program, down from 52 three years ago. But 19 issuers with $10 billion or more in assets still offer a program, despite a …