Wednesday, August 17, 2011

The Federal Reserve implemented a cap on Debt card "swipe fees" this summer ....

The Federal Reserve earlier this summer implemented a cap on the fees banks can charge retailers every time customers swipe their debit cards. Banks used to charge an average fee of 44 cents but now they can only charge a maximum fee of 21 cents. Thank you Federal Reserve!

===> Lehigh Valley Banks

==> Blog

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