By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court was expected on Monday to decide a case involving a legal challenge to a Federal Reserve regulation on debit card “swipe fees” in a ruling that could make it easier for businesses to try to overturn longstanding federal rules. A lower court dismissed a North […]
Tag: debit
Here’s what your bank isn’t telling you about using your debit card — and what savvy spenders do instead
Here’s what your bank isn’t telling you about using your debit card — and what savvy spenders do instead The use of debit cards has been prevalent in the U.S. for decades, and for good reason. They offer several advantages over other forms of payment, such as cash and checks. However, they also have a […]
Criminals are stealing food money from poor Americans by exploiting obsolete debit cards
Taisha Simon had heard of people stealing money the federal government gives families to buy groceries, but she didn’t realize she would become one of their victims. It happened last June when the 42-year-old mother headed out for the big shop she does at the beginning of each month after getting $939 in US food […]
Cabarrus Co deputies seeking information about suspect who stole debit card
CABARRUS COUNTY (QUEEN CITY NEWS) — Cabarrus County Sheriffs are seeking information leading to the arrest of a suspect involved in a vehicle breaking-in. A debit card was stolen from the victim’s vehicle and the suspect attempted to use it at Wal-Mart. If you have any information or a possible lead on identifying the suspect, […]
Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets
NEW YORK (AP) — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit […]
Police asking for help identifying debit card thief
Police are asking for help identifying a woman who allegedly stole a person’s debit card. On April 17, a Washington Township resident reported their debit card was stolen and was being used to make purchases at multiple locations, according to a Facebook post by the Montgomery County Sheriff’s Office. >> Man flown to hospital, roadway […]
US Supreme Court weighs bid to challenge debit card ‘swipe fee’ rule
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday was set to hear a bid to revive a lawsuit aimed at invalidating a contentious debit card “swipe fee” rule in a case with the broad potential to make federal regulations more vulnerable to legal challenges. A convenience store called […]