# Debit Card Interchange Fees and Routing
> **US Federal Reserve System** · Final rule. · Published 2022-10-11 · Effective 2023-07-01 · 87 FR 61217
## Document
- **Document number:** 2022-21838
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 87 FR 61217
- **CFR reference:** 12 CFR 235
- **Publication date:** 2022-10-11
- **Effective date:** 2023-07-01
- **Docket:** Regulation II
## Abstract

The Board of Governors is adopting a final rule that amends Regulation II to specify that the requirement that each debit card transaction must be able to be processed on at least two unaffiliated payment card networks applies to card-not-present transactions, clarify the requirement that debit card issuers ensure that at least two unaffiliated networks have been enabled to process a debit card transaction, and standardize and clarify the use of certain terminology.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2022/10/11/2022-21838/debit-card-interchange-fees-and-routing)
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