FRB: Finance and Economics Discussion Series: Screen Reader Version

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Finance and Economics Discussion Series: 2009-23 Screen Reader version ^♣

Interchange Fees and Payment Card Networks: Economics, Industry Developments, and Policy Issues (Figure Data)

Robin A. Prager

Mark D. Manuszak

Elizabeth K. Kiser

Ron Borzekowski

May 13, 2009

Figure 4 Interchange Fees for Different Purchase Values by Network and Transaction Type (December 2008)
8 networks/card types:	10, Purchase value (dollars)	20, Purchase value (dollars)	30, Purchase value (dollars)	40, Purchase value (dollars)	50, Purchase value (dollars)	60, Purchase value (dollars)	70, Purchase value (dollars)	80, Purchase value (dollars)	90, Purchase value (dollars)	100, Purchase value (dollars)
Credit cards (solid): Visa - Basic credit card (dark blue)	0.254	0.408	0.562	0.716	0.870	1.024	1.178	1.332	1.486	1.640
Credit cards (solid): MasterCard - Basic credit card (orange)	0.258	0.416	0.574	0.732	0.890	1.048	1.206	1.364	1.522	1.680
Signature debit (dotted): Visa Signature Debit (dark blue)	0.253	0.356	0.459	0.562	0.665	0.768	0.871	0.974	1.077	1.180
Signature debit (dotted): MasterCard Signature Debit (orange)	0.255	0.360	0.465	0.570	0.675	0.780	0.885	0.990	1.095	1.200
PIN debit (dashed): Star and NYCE (red)	0.225	0.300	0.375	0.450	0.525	0.600	0.650	0.650	0.650	0.650
PIN debit (dashed): Interlink (Visa) and Maestro (MasterCard) (green)	0.225	0.300	0.375	0.450	0.525	0.600	0.675	0.750	0.825	0.900
PIN debit (dashed): Pulse (orange)	0.175	0.250	0.325	0.400	0.475	0.550	0.625	0.700	0.775	0.850
PIN debit (dashed): Accel/Exchange (maroon)	0.185	0.250	0.315	0.380	0.445	0.510	0.575	0.600	0.600	0.600

Notes:* Star and NYCE are combined as are Interlink and Maestro because in each case, the fees are the same for two networks.* Source: Networks' published rate schedules, ATM and Debit News EFT Data Book, and industry sources.* Note: Fees displayed assume a card-present transaction at a moderate-sized general purpose retailer. Solid lines denotecredit cards. Dotted lines denote signature debit cards. Dashed lines denote PIN debit cards.

Return to Figure 4

Figure 5 Credit Card Interchange Fees for Different Purchase Values by Merchant Type and Card Program (December 2008)
6 networks/card types/merchant types:	10, Purchase value (dollars)	20, Purchase value (dollars)	30, Purchase value (dollars)	40, Purchase value (dollars)	50, Purchase value (dollars)	60, Purchase value (dollars)	70, Purchase value (dollars)	80, Purchase value (dollars)	90, Purchase value (dollars)	100, Purchase value (dollars)
Visa Signature Preferred, Moderate-Sized Merchant (pink)	0.31	0.52	0.73	0.94	1.15	1.36	1.57	1.78	1.99	2.2
MC World Elite, Moderate-Sized Merchant (green)	0.32	0.54	0.76	0.98	1.2	1.42	1.64	1.86	2.08	2.3
Visa Basic, Moderate-Sized Merchant (dark blue)	0.254	0.408	0.562	0.716	0.87	1.024	1.178	1.332	1.486	1.64
MC Basic, Moderate-Sized Merchant (orange)	0.258	0.416	0.574	0.732	0.89	1.048	1.206	1.364	1.522	1.68
Visa Basic, Large Supermarket (light blue)	0.165	0.28	0.395	0.51	0.625	0.74	0.855	0.97	1.085	1.2
MC Basic, Large Supermarket (maroon)	0.127	0.254	0.381	0.508	0.635	0.762	0.889	1.016	1.143	1.27

Notes:* Source: Networks' published rate schedules.

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