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FTC inquiry casts fresh attention on U.S. debit routing issues

Payments Source

The specific impetus for the Federal Trade Commission's inquiry into Visa and Mastercard's debit transaction routing processes is not entirely clear, but it likely stems from the effect that advanced payments technology has had on Durbin amendment compliance.

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An Overview of Payment Regulation In The USA

Clearly Payments

Federal Trade Commission (FTC): The FTC is responsible for enforcing antitrust laws and protecting consumers from deceptive or unfair business practices, including those related to payments. These rules cover various aspects such as interchange fees, transaction routing, card acceptance requirements, and data security standards.