Payment Card Interchange Fees An Economic Assessment

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Credit cards.

Finance--Law and legislation.

Finance.

Negotiation.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2008

Summary:

Examines and considers payment card interchange fees, focusing on Visa and MasterCard credit cards. Discusses nontraditional cost structure of the payment card market; and analyzes problem of finding the optimum level of payment cards to achieve the highest social welfare benefit for cardholders and merchants. Discusses provisions of H.R. 5546, the Credit Card Fair Fee Act of 2008, to require lenders to negotiate with merchants and retailers on terms for fees paid when processing transactions; and summarizes initial reactions

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Payment Card Interchange Fees

Publisher Number:

CRS-2008-GVF-0806

Access Restriction:

Restricted for use by site license