Comments on: Florida Debit Card Bill Would Prohibit Fees

By: 429SCJ

429SCJ — Fri, 21 Oct 2011 21:27:44 +0000

Jane these serpents own the game. I asked my Father once how much gold, would it take to satisfy these beings,he replied son the devil is never satisfied, he wants it all. I pity those people spending more than they earn, drowning in usury.

By: Jane

Jane — Tue, 18 Oct 2011 21:16:21 +0000

There’s a very simple answer to the problem: use a different bank. Most credit unions don’t charge for checking or debit cards. If enough people do this banks will be forced to stop charging fees because they won’t have customers otherwise!

By: Some who understands

Some who understands — Tue, 18 Oct 2011 14:24:09 +0000

“If large retailers (the big W mainly) do not want to pay for the convenience of their customers using a Visa debit card they need to only accept their store credit card. Instead they lobbied the Legislators and cried foul not wanting to pay for a service that the banks have invested millions to provide as a convenience for their customers. It’s like me creating a service that the big retailers REALLY want, but don’t want to pay for so they get the Government involved and make it appear that I am price gouging them.”

Finally, someone who gets it. This has nothing to do with banks. Banks had to charge retailers a fee in order to cover cost for things such as producing cards and 100% fraud protection. Take those fees away and now banks are losing money by providing their bankers a debit card. Walmart comes away scott free with no blame. Tell me something, has walmart’s prices dropped now that the swipe fee has been capped? If Walmart did this in order to lower prices, why was someone who paid cash for an item charged the same as someone who used a card? These large retailers have screwed the banks as well as the general public.

By: 429SCJ

429SCJ — Tue, 18 Oct 2011 12:53:48 +0000

6.6 billion in service fees alone. Its is no wonder Christ drove them from the temple. They certainly have their fathers greed, as accused. I guess some things are just in the DNA.

By: Tired of politics

Tired of politics — Tue, 18 Oct 2011 11:37:12 +0000

If large retailers (the big W mainly) do not want to pay for the convenience of their customers using a Visa debit card they need to only accept their store credit card. Instead they lobbied the Legislators and cried foul not wanting to pay for a service that the banks have invested millions to provide as a convenience for their customers. It’s like me creating a service that the big retailers REALLY want, but don’t want to pay for so they get the Government involved and make it appear that I am price gouging them.

By: BOGIAN

BOGIAN — Tue, 18 Oct 2011 10:56:21 +0000

This is a nice move to get chumps to vote for you Rep. Clemens. Unfortunately, banks will just get it somewhere else. Had it not been for meddling by the Feds, banks wouldn’t be charging these fees.

How would you like it if the government busted into your business and told you that one of your biggest money makers was illegal? You’d pout about it for a little while, then find a way to make the money somewhere else. For banks, their go-to tactic is to create new fees or raise existing ones.