Toughey Talks
Durbin Debits
Special Announcement on Durbin Debit Reform
June 29, 2011
Today, the Federal Reserve Board has announced how they will meet their obligation under the Dodd-Frank Act of 2010 to regulate the interchange rate of bank debit card transactions. The new rates will be effective October 1st, 2011. The bottom line for merchants (your school) is that the cost of processing most debit card transactions is going to go way down – if you take the right steps now.
Learn about the impact of the Durbin Amendment on your campus in a Special Edition of TouchNet LIVE! webcast on Thursday, July 14th at 1:00 p.m. (Central Time). Discover what you can do to take immediate advantage of the Federal Reserve Board's changes to Durbin Debits. Register Now.
Thanks for reading.
Dan Toughey
dan2e@touchnet.com
To find out more about Durbin Debit Reform, click on any of the following links:
Federal Reserve Press Release on Interchange
Durbin’s Consumer Protection Agenda
Toughey Talks – "Debit Gets Dinged"
Toughey Talks – "Special Update"
Toughey Talks – "Durbin Is a Done Deal"
Toughey Talks
Durbin Debits
Special Announcement on Durbin Debit Reform
June 29, 2011
Today, the Federal Reserve Board has announced how they will meet their obligation under the Dodd-Frank Act of 2010 to regulate the interchange rate of bank debit card transactions. The new rates will be effective October 1st, 2011. The bottom line for merchants (your school) is that the cost of processing most debit card transactions is going to go way down – if you take the right steps now.
Learn about the impact of the Durbin Amendment on your campus in a Special Edition of TouchNet LIVE! webcast on Thursday, July 14th at 1:00 p.m. (Central Time). Discover what you can do to take immediate advantage of the Federal Reserve Board's changes to Durbin Debits. Register Now.
Thanks for reading.
Dan Toughey
dan2e@touchnet.com
To find out more about Durbin Debit Reform, click on any of the following links:
Federal Reserve Press Release on Interchange
Durbin’s Consumer Protection Agenda
Toughey Talks – "Debit Gets Dinged"
Toughey Talks – "Special Update"
Toughey Talks – "Durbin Is a Done Deal"