Editorial | Debit card fee cuts | The Courier-Journal | courier-journal.com


Retailers bear the initial brunt, but the swipe fees are passed on to the consumer in the end. NPR reports that banks make about $16.9 billion a year from these fees. The 12-cent cap would decrease that amount by $12 billion.

via Editorial | Debit card fee cuts | The Courier-Journal | courier-journal.com.

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