You’re invited to a complimentary webinar from INETCO

Date: Thursday, April 28^th 11:30 am EST

Duration: 25 minutes, plus Q&A

Register at: http://www.inetco.com/Durbin_Webinar/

Join INETCO’s VP of Marketing, Marc Borbas, as he discusses the potential technology impacts the Durbin Amendment will have on the payments eco-system. Understand emerging considerations such as:

• What IT infrastructure and technology changes need to be made to support multi-routing and least-cost routing options?
• Will lower interchange rates push the retail industry towards the roll-out of Chip & Pin?
• Are Alternative Payments considered in the scope of Durbin changes?

Summary 

The Federal Reserve has committed to having the new rules for debit card interchange fees and transaction routing options finalized by July 21st, 2011.

The pending Durbin Amendment has already impacted the entire payments eco-system. 

• Issuing banks are searching out new sources of revenue streams and figuring out how to make debit operations run as lean and cost efficient as possible.
• Network providers are concerned with delivering competitive service offerings and a balanced value prop to both merchants and card issuers.
• Acquirers and payment processors are exploring ways to optimize their debit processing infrastructure to meet new routing regulations and to offer a competitive, least-cost routing solution.
• Merchants are thinking about ways to combat risk of fraud and potential decline in PIN debit transactions.
• Alternative payment providers are still struggling to figure out where they fit.
• Consumers are worried about finding alternative payment and banking methods that are cheaper than their rising debit and checking fees. 

Regardless of your role, you are looking at a considerable IT infrastructure and technology impact. Are you ready?

Hope you can join us.

Dan