Bank of America and other credit card processing companies that have been affected by the Durbin amendment have decided to not charge their customers a monthly fee for using their debit card. Bank of America indicated that they are responding to feedback from their customers. My guess is that they will wait a while for the dust to settle and then implement a new fee either on customers or merchants. Let’s wait and see.
Credit card processing companies reverse decision
by Dave | Nov 2, 2011 | Merchant Account | 0 comments
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