Supermarkets could see savings of 5% to 10% of earnings as a result of new rules for debit-card interchange fees, according to an analysis by investment firm Credit Suisse. In an article published by Barron’s this week, Credit Suisse analysts said the so-called Durbin Amendment of the massive financial reform legislation passed this year is estimated to reduce interchange fees that payment networks charge retailers by 70% to 80%, based on a preliminary draft by the Federal Reserve this ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.