A wide range of U.S. merchants pay the same fixed debit card fees based on interchange, including supermarkets, gasoline stations, restaurants and hotels. But transit agencies accepting open-loop payments appear to be are among the hardest hit by these fees because of the low value of most of their transactions.
Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow
A wide range of U.S. merchants pay the same fixed debit card fees based on interchange, including supermarkets, gasoline stations, restaurants and hotels. But transit agencies accepting open-loop payments appear to be are among the hardest hit by these fees because of the low value of most of their transactions.
