Developments in Interchange Fees in the United States and Abroad
In a Payment Systems Research Briefing titled Developments in Interchange Fees in the United States and Abroad 
, Terri Bradford and Fumiko Hayashi of the Federal Reserve Bank of Kansas City provide an update on developments in interchange fees in the United States and recent public authority involvement in interchange fees abroad. They write: "While regulation of interchange fees is still just a point of discussion in the United States, regulation abroad is a reality. In about 20 countries, public authorities have taken actions that limit the level of interchange fees or merchant discount fees."
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