In recent years, interchange fees have become a controversial issue, the subject of regulatory and antitrust investigations.

The commission's competition department identified cross-border interchange fees as a problem area in a recent examination of the financial services industry.

Last year, those charges, known as interchange fees, totaled about $25 billion.

The issuer's share of the merchant discount is known as the interchange fee.

I would like to say a swift word on interchange fees.

Also, in the absence of interchange fees there is a risk that the costs would be borne by consumers.

This is precisely the difficulty we have with this issue of interchange fees.

It is therefore appropriate for the Commission to lay down guidelines with respect to the application of these interchange fees.

The multilateral interchange fee, therefore, does not seem to be the only financing mechanism, or even the most effective one.

There has also been the matter of interchange fees, which deserves to be tackled.