How the Cut in Debit Card Swipe Fees Will Affect You

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Paying with plastic -- credit and debit cards -- clearly has a price. It costs retailers roughly $2 for every $100 spent. So, when you buy something for $100, the seller actually gets paid $98. Interchange fees are subtracted on the front end, as explained in this infographic:
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Published by DailyFinance
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Added: 1 year ago

Rank: 3395 of 5046 in Business

Tags: credit card, Visa, Mastercard, interest, fees

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