Fed Proposes Rules to Cut Debit Card Fees – NYTimes.com Via Eric Dash [#swipefees]


The Federal Reserve, fulfilling a Congressional order to examine whether merchants were being charged reasonable fees to process debit card transactions, proposed new rules on Thursday that analysts said could cut those fees by as much as 90 percent.

via Fed Proposes Rules to Cut Debit Card Fees – NYTimes.com.

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