Established Contributor
lithium78
Posts: 775
Registered: ‎07-30-2011
Re: Happy anniversary, swipe fee reform (Opinion Article)

I haven't noticed any reductions in prices from merchants after the debit card swipe fee reform bill passed.  I disagree with the article that merchants didn't just pocket the difference.  They definitely did.  If a merchant is only making 1-3% profit on their goods, they clearly don't possess good business skills and I have a really hard time feeling sympathetic.


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Current Score: TU: 714 (Walmart FICO); EQ: 747 (MyFico) EX: 695 (MyFico)
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