CREDIT AND DEBIT CARDS: Federal Agencies Benefit from Card Acceptance, but Have Limited Ability to Control Interchange Fee Costs

Cackley, Alicia Puente
June 2010
GAO Reports;6/16/2010, preceding p1
Government Documents
The article present the U.S. Government Accountability Office's study of the data on accepting and using credit and debit cards from the Treasury Department, Amtrak, Postal Service and General Services Administration. Topics discussed include the amounts of revenue collected by federal entitites using cards and their efforts to reduce their interchange fee costs. Findings conclude the benefit that card users might gain from lower prices for goods and services if interchancge fees were lowered.


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