Fight over debit card swipe fees looks to heat up this summer
by Ted Carter
Published: May 15,2011
Tags: American Bankers Association, Dr. Ken Cyree, Phillip A. Chamblee, Robert H. Dozier
For a mid-summer prize fight you can’t get a better card than Wall Street vs. Walmart. At stake is the rate retailers, restaurants, hotels and other sellers of products and services pay banks and credit card companies to allow customers to swipe their debit cards at check out. Unless Congress decides otherwise, the fee drops [...]
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