The US does have astoundingly low debit card usage rates, and this seems like it would remedy that somewhat.
I wonder if/how they factor in when US consumers use their debit card but elect to use it as a credit card (meaning the purchase is still being deducted from existing funds in your bank account, it's just being run in the credit system instead of the debit system). I always do, and I know a lot of other people who do too...
If you are from Betelgeuse, please have one of your Earth friends read what I've written before you respond. Or try concentrating harder.
"The trophy problem has become extreme."
"The trophy problem has become extreme."
Fed Proposes 12-Cent Max Fee On Merchant Debit Fees
17/12/2010 06:00:35 PM
- 720 Views
I'm a little iffy on this
17/12/2010 09:08:56 PM
- 421 Views
It may hurt consumers, it will hurt the banks
18/12/2010 06:03:40 AM
- 473 Views
I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM*
20/12/2010 03:26:04 PM
- 196 Views
I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets
17/12/2010 09:14:53 PM
- 582 Views
You do know Barney Frank (Democrat and major liberal and progressive) is against the change
18/12/2010 06:18:37 AM
- 538 Views
I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all.
18/12/2010 12:49:36 PM
- 446 Views
It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM*
20/12/2010 01:30:04 PM
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I figured, but, as you say, nothing progressive in that.
20/12/2010 02:44:47 PM
- 436 Views
I am just pointing out that Evil is not unique to a single political party
20/12/2010 06:56:29 PM
- 483 Views
It wouldn't be nearly as effective it it were; it's quite systemic, for a reason.
20/12/2010 07:46:29 PM
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Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh.
17/12/2010 09:37:20 PM
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Curious.
20/12/2010 07:02:05 PM
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True, that does amount to largely the same thing.
20/12/2010 07:12:27 PM
- 574 Views
I am not sure what the proper amount should be but there does need to be limits
20/12/2010 11:10:18 PM
- 583 Views