Debit cards: fees for merchants changing; will consumers benefit – OrlandoSentinel.com


A new federal proposal would slash fees that stores pay on debit cards, and big banks and financial companies expect big losses. To compensate, many banks plan to cut rewards programs on debit cards or add annual fees on the cards. Others expect to increase fees on other accounts.

via Debit cards: fees for merchants changing; will consumers benefit – OrlandoSentinel.com.

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