Retailers React to Debit Fee Victory

 Retailers across the country have reason to celebrate!  Recently in Washington an attempt to delay a cap on Interchange fees that banks charge merchants for processing debit cards failed.  If you haven’t been following the proposal, new regulations are set to take effect on July 21st that will place a cap on debit card fees that are charged from the banks.  Current estimates are that banks get on average 44 cents per transaction and the bill purposed will cap the fees at 12 cents.  The cap is part of last years finance reform bill which instructed the Federal Reserve to i

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Source: feeds.networkingphoenix.com

Matthew O'Brien

With over 20 years of experience in the digital media world, Matthew has worked for and with Fortune 500 businesses and has built companies from the start-up stage to exit strategy. He recently helped develop a data insight engine to bridge the gap between search, social, and mobile marketing to maximize the visibility, relevancy, and predictive success of online businesses.

Matthew is the founder of MINT Social, an award-winning digital marketing company that accelerates online marketing results to help businesses get found and thrive online. 

Matthew has developed an educational curriculum for Universities on social media for businesses, is a founding board member of the Arizona Innovation Marketing Association (AZIMA), a board member of HeroZona Foundation and on the advisory board (Vinnies) for St. Vincent de Paul - Phoenix.  Matthew is a mentor with ASU Entrepreneurship and Innovation Group, a speaker on social media and digital marketing, and is a subject matter expert with many online portals.

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