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ABA: The American Bankers Association
Issue

Interchange Price Controls

Interchange is a fee for an array of services provided to merchants that are highly valued and beneficial to both merchants and consumers.

ABA Position

ABA believes that interchange rates and governance should be set by the free operation of the market forces in the private sector. ABA opposes policies that direct state or federal governments to set price controls or otherwise regulate interchange rates, which currently are set by the private market through contractual relationships.

Related Training & Events

  • ABA Experts Webinar: What You Need to Know about the CRA Final Rule

    Recorded Webinar | November 3, 2023

    The federal banking agencies have finalized the long-awaited overhaul of regulations that implement the Community Reinvestment Act. The new rule aims to reflect the digital delivery of financial products and services and enhance economic opportunity for low-and moderate-income individuals and communities. It also has strategic implications for banks that may affect your growth strategy and expansion into new markets.

Our Experts

Nessa Feddis

Nessa Feddis

Senior Vice President & Senior Counsel, Regulatory Compliance and Policy

Contact Nessa

Brian Murphy

SVP, Card Policy Council

Bank Cards, Card Policy, Payment Systems

Contact Brian

Press Contact

Sarah Grano

(202) 663-5470

Contact Sarah

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