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Re: I don't think so? Legolas Send a noteboard - 20/12/2010 08:00:35 PM
It's my debit card; it's issued through my checking account bank and is what I use to withdraw cash from my account at ATMs. But if I elect to use it as a "credit" card at the POS I don't use my PIN and I sign instead. And with the new regulations on overdrafts, it doesn't extend "credit" unless the consumer has specifically arranged with the bank for that to be permitted. So mine would disallow a purchase if the account didn't contain sufficient funds.

Oh. I'm not sure how using it at a PoS is "using it as a credit card", apart perhaps from the signing part (which in here is impossible with debit cards). I was thinking you meant using a credit card as a debit card, i.e. using it to pay for things electronically without ever using the "credit" part of it.
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Fed Proposes 12-Cent Max Fee On Merchant Debit Fees Roland00 - 17/12/2010 06:00:35 PM 768 Views
I'm a little iffy on this Isaac - 17/12/2010 09:08:56 PM 460 Views
Whether due to perception or reality, merchants need this. Joel - 17/12/2010 09:22:09 PM 668 Views
It may hurt consumers, it will hurt the banks Roland00 - 18/12/2010 06:03:40 AM 518 Views
I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM* Aeryn - 20/12/2010 03:26:04 PM 217 Views
ok i see now it doesn't apply to credit cards *NM* Aeryn - 20/12/2010 04:11:59 PM 230 Views
Credit Cards have their own interchange fees Roland00 - 20/12/2010 06:55:33 PM 535 Views
I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets Joel - 17/12/2010 09:14:53 PM 623 Views
You do know Barney Frank (Democrat and major liberal and progressive) is against the change Roland00 - 18/12/2010 06:18:37 AM 595 Views
I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all. Joel - 18/12/2010 12:49:36 PM 493 Views
It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM* Macharius - 20/12/2010 01:30:04 PM 204 Views
I figured, but, as you say, nothing progressive in that. Joel - 20/12/2010 02:44:47 PM 476 Views
I am just pointing out that Evil is not unique to a single political party Roland00 - 20/12/2010 06:56:29 PM 519 Views
It wouldn't be nearly as effective it it were; it's quite systemic, for a reason. Joel - 20/12/2010 07:46:29 PM 518 Views
Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh. Legolas - 17/12/2010 09:37:20 PM 522 Views
Curious. Sareitha Sedai - 20/12/2010 07:02:05 PM 494 Views
True, that does amount to largely the same thing. Legolas - 20/12/2010 07:12:27 PM 618 Views
I don't think so? Sareitha Sedai - 20/12/2010 07:21:32 PM 535 Views
Re: I don't think so? Legolas - 20/12/2010 08:00:35 PM 525 Views
Well Sareitha Sedai - 20/12/2010 08:06:49 PM 553 Views
Re: Fed Proposes 12-Cent Max Fee On Merchant Debit Fees BlackAdder - 18/12/2010 07:36:41 AM 685 Views
I am not sure what the proper amount should be but there does need to be limits random thoughts - 20/12/2010 11:10:18 PM 626 Views
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