Debit card penetration, which the report defines as the percentage of eligible accountholders who have a debit card, was 73% in 2008, that same as 2007. "Best-in-class" issuers had an average ...

Prior to Traynor’s ruling, the Fed set debit caps using a so-called “blended” formula that takes into account myriad costs issuers incur with a debit card transaction, including fraud prevention and ...

A U.S. judge has vacated the Federal Reserve’s “swipe fees” regulation that capped the amount banks charge merchants for ...

Tony Hayes, a partner at Oliver Wyman and chairman of the forum, tells CardLine card issuers have not yet seen proof that debit card rewards drive ancillary revenue. "Issuers are hesitating to put ...

For example, 63% of issuers charge monthly service fees that range from $3 to $9.95, according to Bankrate.com's survey of 24 widely issued prepaid debit cards. The issuers generally add other ...

Doug Kantor, Executive Committee Member of the coalition and General Counsel for the National Association of Convenience Stores, called the ruling a “well-reasoned decision” in a press release from ...