Every time someone used a credit card to pay for a drink at Westside coffee shop Agia Sophia, credit card companies charged the business up to 50 cents, plus a percentage of the sale, just to make the transaction.
“When someone is charging a $3 cup of coffee, that’s a lot,” said owner Kristin Kennedy.
That prompted [...] [...]
Proposed debit card regulations have pitted the nation’s financial institutions against retailers — but consumers could be the ones caught in the middle.
At issue is more than $12 billion in annual debit card processing fees, money that merchants pay to banks to process debit card transactions.
The regulations, part of the Dodd-Frank legislation that added oversight [...] [...]
by Associated Press Published: April 19,2010
Tags: Airlines, fees
Five major U.S. carriers have agreed not to follow the lead of a small Florida airline that plans to charge for carry-on bags.
Their commitment comes just in time to keep travelers from running for the exits during the peak summer flying season, but it is doubtful that it marks a change in strategy.
Airlines are going [...] [...]
To ensure a more sustainable funding structure, the City of Colorado Springs should consider implementing new taxes and fees, extending or increasing existing taxes and fees, reducing existing tax exemptions, and augment or modify the way it provides services. [...]
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