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How Visa, Using Card Fees, Dominates a Market [NYT]

Monday, January 4, 2010 - 10:46 PM
New York Times has an indepth article on VISA and debit cards. Here's one interesting fact mentioned:
When you sign a debit card receipt at a large retailer, the store pays your bank an average of 75 cents for every $100 spent, more than twice as much as when you punch in a four-digit code.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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