How debit cards nickel and dime you | charge, debit, pay – Gaston Gazette


Purchasing with plastic is the most convenient and painless way to pay, but for every charge on your debit card there is another charge — “swipe” fees.

Every time you swipe your card at a restaurant, supermarket, gas station or retail store, the merchant pays an interchange fee to a company that processes the payment. As fewer and fewer people pay with cash, merchants have paid more and more for processing, which ultimately results in higher prices, they say.

READ ARTICLE via How debit cards nickel and dime you | charge, debit, pay – Local News – Gaston Gazette.

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