Daily Bulletin

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Simplifying payment card regulation

  • Written by The Conversation Contributor

Payment card fees are ridiculously complex.

When you pay by a card, the merchant pays a fee to its bank. Sometimes it will pass some, all, or more of the fee through to you, the customer, through a surcharge on the price of the product you are buying. But only a few merchants surcharge, meaning that the merchant’s costs of customers using...

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