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New debit fee rules confuse consumers

New debit fee rules confuse consumers

Consumers are bewildered by mixed messages about their payment options as a result of recent debit card regulations, according to a new report from Javelin Strategy & Research.  Many financial institutions (FIs) are responding to new debit card fee restrictions by directing consumers to credit cards, while most merchants are encouraging debit card use because [...]

The post New debit fee rules confuse consumers appeared first on Payments Cards & Mobile.

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