From The Age: "Visa International has announced $25 million in fee reductions charged to retailers accepting Visa debit cards. Visa said it had cut its interchange fees from an average of 95 basis points (bps) to 50 bps on Visa debit transactions..."
Click on this link to read more:
http://www.theage.com.au/articles/2003/10/31/1067566086172.html?oneclick=true