Published 19:51 IST, February 20th 2024
US Supreme Court to hear challenge over debit card 'Swipe Fee' Rule
The regulation, which caps these fees at 21 cents per transaction, has been a subject of contention between retailers and financial institutions.
Post-disbursement, debit card spending increased by 50%, with a 61% probability of non-spenders becoming active spenders, positively impacting marginalised populations. | Image:
Pexels
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19:51 IST, February 20th 2024