Why debit fees should be low | Felix Salmon | Analysis & Opinion | Reuters.com


The more that customers have used them over the past 15 years, the more banks have been able to remove minimum balance requirements and transaction fees they used to charge to fund all the cash and checking transactions. These forms of payment cost 70 cents or more a pop, according to JPMorgan — at least 60 percent more than the average debit card fee

via Why debit fees should be low | Felix Salmon | Analysis & Opinion | Reuters.com.

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