WASHINGTON — Retail groups last week criticized Bank of America and other banks that are implementing debit-card fees in the wake of financial reforms that sought to reduce the debit-card interchange fees assessed to merchants. “Clearly, we are disappointed but not surprised to learn that financial institutions are implementing new customer fees on debit cards just as the Durbin Amendment and Federal Reserve Board actions go into effect,” said Peter J. Larkin, president ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.