Save With Durbin

October 1st marked day one of the Durbin Amendment. This important legislation has lowered your debit interchange fees drastically, which in turn can lower your overall credit card processing costs by up to 50% immediately.

Before October 1st, big banks were receiving, on average 44 cents per debit card transaction from merchants like you. Since this legislation was passed, the new maximum amount of fees due per debit transaction has been capped at approximately 22 cents. That's half! This legislation was put into place so that merchants like you can experience some financial relief while continuing to accept debit card payments.

Although it was written for the benefit of business owners, the savings provided by the Durbin Amendment are not being passed along to merchants by some processors. That's why we at Data One are going the extra mile to educate our merchants on what this important amendment is and how we can put it to work for you!