Thursday, November 01, 2007

Understanding Interchange Fees Requires a Master's Degree in Finance at Disney (

Back when interchange fees were first created, it was cost-based to cover the electronic payment transactions. Today, this job posting shares one more example why interchange fees are out of control. The Walt Disney Company is seeking an executive with a master's degree to analyze interchange costs.

Job description [GadBall Jobs]:

  • This role on the WDP&R Credit Card Management team will be responsible for planning and forecasting credit card commission expense for the Walt Disney World Resort and the Disney Cruise Line and producing variance analysis for actuals versus plan, prior year and forecast. This role will analyze interchange expense to identify and evaluate the source of transaction downgrades and propose remedial action to mitigate the effects of transaction downgrades. This role will also be responsible for identifying industry trends and developing analyses to evaluate the effects of the trends on Segment operations. Additionally this role will be responsible for project management of planned initiatives and for creating executive presentations related to issues, projects, and opportunities.

[Source, commentary,, via GadBall Jobs posting, see link]