Brown Limits Debit Card Fee in Reform Bill

“These fees are far higher than the actual cost of the of processing those transactions, which means small business always gets shortchanged when they accept a debit card,” he said. “It also means customers pay more at the store and more at the pump or wherever they are, whether they pay with cash or with plastic, without even being aware that method of payment determines fee rates.”

via Brown Limits Debit Card Fee in Reform Bill.


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