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Curious. Sareitha Sedai Send a noteboard - 20/12/2010 07:02:05 PM
The US does have astoundingly low debit card usage rates, and this seems like it would remedy that somewhat.


I wonder if/how they factor in when US consumers use their debit card but elect to use it as a credit card (meaning the purchase is still being deducted from existing funds in your bank account, it's just being run in the credit system instead of the debit system). I always do, and I know a lot of other people who do too...

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Fed Proposes 12-Cent Max Fee On Merchant Debit Fees - 17/12/2010 06:00:35 PM 857 Views
I'm a little iffy on this - 17/12/2010 09:08:56 PM 530 Views
Whether due to perception or reality, merchants need this. - 17/12/2010 09:22:09 PM 711 Views
It may hurt consumers, it will hurt the banks - 18/12/2010 06:03:40 AM 590 Views
I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM* - 20/12/2010 03:26:04 PM 244 Views
ok i see now it doesn't apply to credit cards *NM* - 20/12/2010 04:11:59 PM 256 Views
Credit Cards have their own interchange fees - 20/12/2010 06:55:33 PM 607 Views
Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh. - 17/12/2010 09:37:20 PM 596 Views
Curious. - 20/12/2010 07:02:05 PM 565 Views
True, that does amount to largely the same thing. - 20/12/2010 07:12:27 PM 690 Views
I don't think so? - 20/12/2010 07:21:32 PM 610 Views
Re: I don't think so? - 20/12/2010 08:00:35 PM 591 Views
Well - 20/12/2010 08:06:49 PM 643 Views
Re: Fed Proposes 12-Cent Max Fee On Merchant Debit Fees - 18/12/2010 07:36:41 AM 752 Views
I am not sure what the proper amount should be but there does need to be limits - 20/12/2010 11:10:18 PM 691 Views

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