Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Interchange Fees in Payment Networks: Implications for Prices, Profits, and Welfare'
June 04, 2026
June 04, 2026
PHILADELPHIA, Pennsylvania, June 4 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a working paper in May 2026 entitled "Interchange Fees in Payment Networks: Implications for Prices, Profits, and Welfare."
Here are excerpts:
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This paper examines the equilibrium level of the wholesale price set by a payment card network--the interchange fee--and its effects on prices, profits, and welfare in a tw . . .
Here are excerpts:
* * *
This paper examines the equilibrium level of the wholesale price set by a payment card network--the interchange fee--and its effects on prices, profits, and welfare in a tw . . .