The Durbin Amendment is a law that requires the Federal Reserve to limit debit card processing fees charged to retailers. It was passed as part of the Dodd–Frank financial reform legislation in 2010.
Comment Letters
- Electronic Payments Coalition Letter to Gov. Pritzker Requesting Veto of Article 150 of HB 4951
- IPA Response to Federal Reserve on Proposed Rulemaking Concerning Debit Card Interchange Fees and Routing
- IPA Letter to Federal Reserve Board on Proposed Rule (July 2021)
- IPA Letter to the Board of Governors of the Federal Reserve System Regarding Regulation II
- Meeting Between Staff and the Federal Reserve Board and Representatives of the Clearing House
- Federal Reserve NPR on Routing/Exclusively for CPN (May 2021)
Federal Reserve Documents |
State Interchange Letters |