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New Limits on Debit Card Interchange Fees

shared by Zoesvg on Sep 14, 2011 in Business

New Limits on Debit Card Interchange Fees

shared by Zoesvg on Sep 14, 2011 in Business

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The Federal Reserve has limited the amount issuers can charge retailers for accepting their debit cards to 0.05% of the purchase amount + $0.22 per transaction. However, the new fee structure will aff...
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