Differentiate between a checking account and a debit card. Learn how each works, their pros and cons, and when you need them ...

The U.S. Federal Reserve on Wednesday suggested that “swipe fees” – or fees that banks can charge merchants for processing debit-card transactions -- be slashed by nearly a third, something that would ...

Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. Sign up It’s hard to fathom how much the financial industry has changed ...

— -- Since my segment aired about the dos and don'ts of debit cards, I have received many follow-up questions. As such, I want to clear up any confusion and reiterate a few key points about the ...

Debit cards rely on checking accounts, while you can make online purchases with your checking account even if you do not provide your debit card. Here’s how they compare. What is the Relationship ...

The wolf at the door may not be what you think.

Peter Lucas December 29, 2025 Acquiring, Competitive Strategies, Debit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Mobile Commerce, Point-of-sale, Pricing, Transaction Processing [Aug.

When you make a purchase with your debit card, it’s possible to pay as “credit.” Paying as credit affects the way the transaction is processed, but the payment funds are still taken from your bank ...

In a payment universe where credit cards get all the attention for their rewards, fees and promotional offers, one payment type is quietly inspiring billions of swipes a year. “Total debit card ...

(i) the incremental cost incurred by an issuer for the role of the issuer in the authorization, clearance, or settlement of a particular electronic debit transaction, which cost shall be considered ...