Category Archives: Post-Durbin
The Durbin Ammendment vs Debit Cards
Or ‘How Green Was My Folly’… Forgive the play on words. It’s not all that bad, I just absolutely abhor when the government gets in and messes with things when it has no concept of the repercussions. In this case … Continue reading
Debit Ain’t What It Used to Be…
And sometimes that’s a good thing. Firstly understand that a debit transaction should be about half the cost of a credit card transaction. If you own a business and someone comes in and pays with their debit card, the only … Continue reading
Posted in Credit Card, Debit Card, Merchant Account, PCI, Post-Durbin
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Bye-Bye Free Checking…
Or: The Durbin Amendment & How it Affects Me… (Part 2) And the pain continues… When last we met, I wrote of how the Durbin Amendment made you have to pay an extra $5 a month to your bank for having … Continue reading
Posted in Check Card, Checks, Credit Card, Debit Card, Durbin, Merchant Account, Post-Durbin
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