The Center for Regulatory Effectiveness has published a Guide advising merchants on how they cut their payment card (debit and credit card) processing costs without any regulatory intervention. The Guide:
1. Discusses why merchants accept payment cards;
2. Explains how card payments are processed;
3. Describes the different components of payment processing costs;
4. Details the problems and pitfalls of interchange regulation;
5. Provides a guide for merchants to use in reducing their payment card processing costs; and
6. Includes case examples of merchants who have succeeded in substantially reducing their card processing costs.