The payments arena is changing, from regulatory pressures to evolving profitability models.
All but a handful of credit unions are exempt from the regulated interchange rates enacted under the Durbin Amendment. However, this exemption does not mean that credit unions are immune to the direct and indirect effects of the increased pressures on interchange rates as brands and networks compete to retain and gain transaction volume.
What do you need to know to be successful and compete effectively? Stay up-to-date on the changing industry dynamics, and learn key strategies to overcome compressed interchange rates.