Measuring Some Effects of the 2011 Debit Card Interchange Fee Reform

31 Pages Posted: 10 Jan 2014

See all articles by Oz Shy

Oz Shy

Federal Reserve Banks - Federal Reserve Bank of Atlanta

Multiple version iconThere are 2 versions of this paper

Date Written: June 24, 2013

Abstract

In October 2011, new rules governing debit card interchange fees became effective in the United States. These rules limit the maximum permissible interchange fee that an issuer can charge merchants for a debit card transaction. Using new data from the Boston Fed's 2012 Diary of Consumer Payment Choice, this paper provides simple calculations that identify the transaction values by consumer expenditure category for which interchange fees became higher and lower under the new rules.

Keywords: Debit card interchange fees

JEL Classification: G28

Suggested Citation

Shy, Oz, Measuring Some Effects of the 2011 Debit Card Interchange Fee Reform (June 24, 2013). Available at SSRN: https://ssrn.com/abstract=2376628 or http://dx.doi.org/10.2139/ssrn.2376628

Oz Shy (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Atlanta ( email )

1000 Peachtree Street N.E.
Atlanta, GA 30309-4470
United States

HOME PAGE: http://https://www.frbatlanta.org/research/economists/shy-oz.aspx

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