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Entries Tagged as 'merchants'

Beware of Targeted Discounts Offered Via Bank-Merchant Partnerships

July 13th, 2011 · No Comments · Your Money

Is getting a discount on the kind of things you already buy worth banks sharing your shopping habits without your permission?

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Caving to Banks, Fed Sets Debit Fee Limit at 21 Cents

June 30th, 2011 · No Comments · Debit Cards

Instead of the 12-cent cap on fees that would benefit merchants and, in turn, consumers the most, the Fed has decided on a 21-cent cap instead.

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What If Banks Limited You to $50 to $100 Per Debit Card Transaction?

February 28th, 2011 · No Comments · Banking

If the Federal Reserve caps debit card swipe fees at 12 cents per transaction, banks may impose a $50 to $100 spending limit per individual debit card transaction.

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Fed Weighs Pros, Cons of 12-Cent Cap on Debit Card Swipe Fee

February 22nd, 2011 · 2 Comments · Debit Cards

The Federal Reserve weighs the pros and cons of setting the debit card swipe fee at 12 cents per transaction.

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