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  2. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/Durbin_amendment

    The Durbin amendment, implemented by Regulation II, [1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...

  3. Debit card cashback - Wikipedia

    en.wikipedia.org/wiki/Debit_card_cashback

    Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase. For example, a customer purchasing $18.99 worth of goods at a ...

  4. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

  5. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    U.S. Bank protects customers from overdraft fees by automatically pulling up to $50 from linked accounts or, if you are charged a fee, allowing qualified deposits on the same day to avoid any ...

  6. 11 pesky bank fees and how to avoid them - AOL

    www.aol.com/finance/11-pesky-bank-fees-avoid...

    Early account closure fees typically run between $5 and $50. How to avoid this fee: Research whether your account has one of these fees. Know that you’ll need to keep one of these accounts open ...

  7. Debit-card spending limits: How to increase yours - AOL

    www.aol.com/finance/debit-card-spending-limits...

    How to increase your debit-card limit. 1. Find out the limit that the bank sets. Unlike credit cards, whose limits can be easily found on bank statements, online or on a mobile app, finding the ...

  8. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card ...

  9. When You Swipe a Card, Who Should Pay -- and How Much ... - AOL

    www.aol.com/news/2010-06-18-the-debate-over...

    Poor cash consumers are subsidizing your first-class upgrade. ... Carpenter says his credit card and debit card processing fees have risen from $50,000 a year in 2000 to $900,000 a year today ...

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