Debit Interchange Rules Take Effect

WASHINGTON — The debit-card interchange fee reforms that were signed into law last year and then watered down by the Federal Reserve Board this year are scheduled to take effect Oct. 1, providing some relief for merchants, according to retail trade groups.

WASHINGTON — The debit-card interchange fee reforms that were signed into law last year and then watered down by the Federal Reserve Board this year are scheduled to take effect Oct. 1, providing some relief for merchants, according to retail trade groups.

Food Marketing Institute, Arlington, Va., cited some of the benefits supermarkets could see from the new rules, including the ability to tell consumers about costs and hidden fees; having an authority watching over debit-card

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