Ready. Shoot. Aim: The New Debit-Swipe Fees

Payment cards work well for most consumers.  Consumers pay for merchandise or service, and from the payment, the merchant pays a little to the network and a little to the bank who issued the payment card (a so-called interchange fee, or swipe fee).  The average debit swipe fee paid to the bank is about 44 […]

Debit Cards: So-Called “Government Help” Is On Its Way

Debit cards were working well for most consumers.  Consumers pay for the merchandise or service, and from that payment, the merchant remits a little to the network and a little to the bank who issued the credit card (a so-called interchange fee).  The average debit interchange fee that merchants pay banks is about 44 cents […]