Major Banks Explore Buying Debit Network to Avoid Fee Limits

Major Banks Explore Buying Debit Network to Avoid Fee Limits

2026-07-07 companies

New York, Tuesday, 7 July 2026.
JPMorgan and Bank of America are exploring a deal to buy Fiserv’s debit network, a move that would allow them to bypass federal limits on card transaction fees.

Sources


Payment networks Interchange fees