Interchange Transaction Fees Surveys

ICR 201609-7100-007

OMB: 7100-0344

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Unchanged
Justification for No Material/Nonsubstantive Change
2016-09-29
IC Document Collections
ICR Details
7100-0344 201609-7100-007
Historical Active 201401-7100-006
FRS FR 3064
Interchange Transaction Fees Surveys
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 10/07/2016
Retrieve Notice of Action (NOA) 10/07/2016
  Inventory as of this Action Requested Previously Approved
01/31/2017 01/31/2017 01/31/2017
575 0 576
112,875 0 112,950
0 0 0

1. The debit card issuer survey (FR 3064a) collects data from issuers of debit cards (including general-use prepaid cards) that, together with affiliates, have assets of $10 billion or more, including information regarding the volume and value of debit card (including general-use prepaid card) transactions, costs of authorization, clearance, and settlement of debit card transactions, associated interchange fees, payments, and incentives paid by networks to issuers, and the incidence of and losses due to debit card fraud. 2. The payment card network survey (FR 3064b) collects data from payment card networks including the volume and value of debit card (including general-use prepaid card) transactions; associated interchange fees; network fees; and payments and incentives paid by networks to acquirers, merchants, and issuers.

US Code: 15 USC 1693o-2(a)(3)(B)552(b)(4) Name of Law: The Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act
  
US Code: 15 USC 1693o-2(a)(3)(B) Name of Law: he Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act

Not associated with rulemaking

  78 FR 62352 10/18/2013
79 FR 2659 01/15/2014
Yes

2
IC Title Form No. Form Name
Debit card issuer survey (FR 3064a) FR 3064a 2013 DEBIT CARD ISSUER SURVEY
Payment card network survey (FR 3064b) FR 3064b 2013 PAYMENT CARD NETWORK SURVEY (FR 3064b)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 575 576 0 0 -1 0
Annual Time Burden (Hours) 112,875 112,950 0 0 -75 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Decrease in burden hours reflects an update to the FR 3064b respondent count.

$172,500
No
No
No
Yes
No
Uncollected
Jennifer Williams 202 452-2446 jennifer.l.williams@frb.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/07/2016


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