New bank rules could change the way consumers use debit cards | abc13.com


The debit limits are one way banks can recoup their losses on interchange fees. Recently laws slashed those fees which are charged to merchants, but add up to about $16 billion a year for banks. With limits on debit cards, consumers may start using credit cards instead.

via New bank rules could change the way consumers use debit cards | abc13.com.

Advertisements

Comments are closed.

%d bloggers like this: