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07 Oct 2009 09:50

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Biz: We’re using debit cards more and charge cards less

  • +4.1% incresase in the use of debit cards to pay for everything
  • -16.8% decline in the use of charge cards to pay for everything source

12 Jul 2009 11:38

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Biz: Why 7-Eleven is fighting against bank card interchange fees

  • $6
    bucks
    The average consumer’s purchase for the kind of food you eat at 3 a.m. in the morning when you have an unexpected hunger for congealed cheese; it’s a very low-margin racket
  • $150 million The amount that the chain is charged in card interchange fees each year – that’s up from $40 million just five years ago. Like the cheese, the bank card fees also congealed source

20 May 2009 16:49

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Biz, U.S.: The House wants to regulate credit cards, too

19 May 2009 21:37

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Biz, U.S.: The Senate puts their foot down when it comes to credit cards

  • 90-5 the Senate vote for credit card regulation. Whoa. source