Tag: extends
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Mastercard extends partnership with The Clearing House
Collaborating to drive innovation in payments In an effort to further enhance payment systems and provide better financial services to the customers, Mastercard has extended its collaboration with The Clearing House. The newly extended partnership between these two leading financial technology firms aims to drive innovation in the payments industry and pave the way for…
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Fed extends comment period on debit card fee proposal
The Federal Reserve has announced a further extension to the public comment period for a proposed rule that could impact the fees charged by merchants for debit card purchases. The proposed rule, initially issued back in March 2022, seeks to amend Regulation II, also known as the “Durbin Amendment,” which limits the fees that banks…