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Curious. Sareitha Sedai Send a noteboard - 20/12/2010 07:02:05 PM
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."
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Fed Proposes 12-Cent Max Fee On Merchant Debit Fees Roland00 - 17/12/2010 06:00:35 PM 981 Views
I'm a little iffy on this Isaac - 17/12/2010 09:08:56 PM 622 Views
Whether due to perception or reality, merchants need this. Joel - 17/12/2010 09:22:09 PM 818 Views
It may hurt consumers, it will hurt the banks Roland00 - 18/12/2010 06:03:40 AM 670 Views
I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM* Aeryn - 20/12/2010 03:26:04 PM 294 Views
ok i see now it doesn't apply to credit cards *NM* Aeryn - 20/12/2010 04:11:59 PM 291 Views
Credit Cards have their own interchange fees Roland00 - 20/12/2010 06:55:33 PM 696 Views
I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets Joel - 17/12/2010 09:14:53 PM 806 Views
You do know Barney Frank (Democrat and major liberal and progressive) is against the change Roland00 - 18/12/2010 06:18:37 AM 785 Views
I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all. Joel - 18/12/2010 12:49:36 PM 674 Views
It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM* Macharius - 20/12/2010 01:30:04 PM 261 Views
I figured, but, as you say, nothing progressive in that. Joel - 20/12/2010 02:44:47 PM 630 Views
I am just pointing out that Evil is not unique to a single political party Roland00 - 20/12/2010 06:56:29 PM 677 Views
It wouldn't be nearly as effective it it were; it's quite systemic, for a reason. Joel - 20/12/2010 07:46:29 PM 679 Views
Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh. Legolas - 17/12/2010 09:37:20 PM 687 Views
Curious. Sareitha Sedai - 20/12/2010 07:02:05 PM 676 Views
True, that does amount to largely the same thing. Legolas - 20/12/2010 07:12:27 PM 788 Views
I don't think so? Sareitha Sedai - 20/12/2010 07:21:32 PM 703 Views
Re: I don't think so? Legolas - 20/12/2010 08:00:35 PM 694 Views
Well Sareitha Sedai - 20/12/2010 08:06:49 PM 736 Views
Re: Fed Proposes 12-Cent Max Fee On Merchant Debit Fees BlackAdder - 18/12/2010 07:36:41 AM 840 Views
I am not sure what the proper amount should be but there does need to be limits random thoughts - 20/12/2010 11:10:18 PM 794 Views
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