 USA TODAY |
Debit-Card Fees Higher At Small Banks Than at Big Banks
Wall Street Journal By MAYA JACKSON RANDALL And VICTORIA MCGRANE Smaller banks collected higher fees than big banks on debit-card transactions at the end of last year as the country's biggest banks slashed rates to comply with a new cap, the Federal Reserve said Tuesday. Debit card rules are cutting fees, Fed says Fed says retailers paying a lot less in debit fees Fed: Retailers pay a lot less in debit fees under new rule |
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