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ABA: The American Bankers Association

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.

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

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Promote the interests of ABA members regarding payments system issues and analyzes emerging technologies that could impact bank operations.