Visa hits back with ads in debit card fee debate – St. Petersburg Times


When you swipe your credit card at Publix, Home Depot or Walmart, state law says the retailer can’t charge you a transaction fee. Instead, the retailer has to pay it to the credit card company.

The decades-old state law, however, was passed before the rise of debit cards, which means a retailer could charge you a transaction fee if you use your debit card.

But most retailers don’t charge the fee, so the Florida Retail Federation initially said it supported Democratic Reps. Mary Brandenburg and Ari Porth’s House bill 621, which ensures that debit card users aren’t hit with fees.

via Visa hits back with ads in debit card fee debate – St. Petersburg Times.

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