Durbin Amendment Resource Page

Chances are you have been contacted by one of our team members about the Durbin Amendment appeal that has been proposed. We are urging all merchants to contact their representative in Washington D.C..

Below you will find the most complete and comprehensive list of information available.

What is the Durbin amendment?

The Durbin amendment, passed as part of the Dodd-Frank financial reform legislation in 2010, required the Federal Reserve to limit fees charged to retailers for debit card processing. The amendment was a last minute addition added by Illinois Senator Richard Durbin, after whom the amendment is named.

Through the bill U.S. Sen. Richard J. Durbin proposed to restrict these interchange fees, which averaged 44 cents per transaction based on 1 to 3% of the transaction amount, to 12 cents per transaction for banks with $10 billion or more in assets.

The amendment was based on the belief that interchange fees were not reasonable and proportional to card issuers’ costs. When the bill became law in 2011, interchange fees were capped at 21 cents per transaction plus 5% of the transaction amount. Some banks implemented new fees and eliminated free services in an attempt to offset their interchange fee revenue losses.

View the Amendment

What you should be paying for your Debit processing fees under the Durbin Amendment



On June 14th, bill H.R. 5465 was filed in order to repeal the Durbin Amendment. This measure will directly affect your business, and result in a drastic increase in the cost to process debit card transactions.

Important points about the H.R. 5465 (the repeal effort)

  • The majority of business owners are unaware of what Durbin amendment has to offer them.
  • Big banks have pinned the blame on small businesses for this bill having a negative affect on consumers.
  • How can business pass on saving to consumers if they aren’t aware of the bill.
  • The average savings to consumers from most small businesses would be so small it would be practically unnoticeable.
  • If the bill passes Debit processing rates will increase even more and the effects on consumers will be worse, but the banks will benefit.

All businesses should check their statement and identify the savings since the Durbin bill. They should also be aware of what they may have to pay if the fees are changed.


All business owners should call their representatives and let them know that the repeal is a bad idea and not good for business.

Contact Your Senator

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Contact Your State Representative

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Have more questions on the Durbin Amendment?

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