American Banker | Friday, June 25, 2010
interchange fees, but bankers and analysts agree that the fees are all but certain to come down — and probably by a lot. By some estimates, the interchange regulations cut vaporize more than $5 billion of banks' annual debit fee revenue just for banks that issue Visa Inc. and MasterCard Inc. cards. "Revenue is going to drop like a brick," said Gary Jewell, an executive vice president of Carrollton Bank.
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