What Is Debit Routing? A CMSPI Insights Infographic

20th April 2021
Contributor:
Christian Johnson
Christian Johnson

The Durbin amendment to the Dodd Frank Act in 2011, the first meaningful regulation around payments costs in the U.S., saved merchants and consumers billions of dollars annually by introducing caps on interchange.

In addition, the regulation introduced the “no-network exclusivity” clause which required at least two competing card networks to be branded on a debit card. This clause allows merchants to choose which network to route to for their debit transactions. As a result of debit routing, CMSPI estimates that merchants and consumers have been able to achieve up to $1 billion in annual cost savings.

CMSPI’s infographic on debit routing explains the uses and benefits of debit card routing to merchants and consumers.

View the Infographic Below

What Is Debit Routing? A CMSPI Insights Guide

You Might Also Be Interested In These...

Blogs
04.08.2021
Excessive Online Credit Card Rejections During Pandemic Mean Frustration for Consumers, Missed Sales for Retailers

While online rejections help prevent fraud, CMSPI data indicates that one out of every five is a false positive – meaning good customers are wrongly turned.

Read More >
Resources
03.11.2021
VIDEO: Debit Routing Explained

Hold your supply chain to account, save millions of dollars a year, and time & internal resource, with CMSPI’s payments experts.

Read More >
News
01.08.2021
Report Says U.S. Hasn’t Kept Up on Bringing Credit and Debit Card Fees Under Control

Nearly a decade after federal regulators forced U.S. banks to lower fees charged to process debit card transactions, much of the savings has been eroded.

Read More >
Blogs
10.30.2020
Can You Solve the Mystery of the Invoice Errors?

In CMSPI’s very own ‘whodunit’ board game, you can play detective and identify where the merchant has been mischarged.

Read More >
Learn more about the benefits of optimized debit routing