Consumers are the big losers in a world where top retailers get ‘sweetheart deals’ while small businesses get confused, advocates say
Get our breaking news email, free app or daily news podcast
Debit cards have long been promoted as a replacement to cash.
But a complicated system of opaque fee charges has created a multi-billion-dollar revenue opportunity for the payments sector and left many consumers paying too much.
More Stories
Russian scientist held in Ice jail charged with smuggling frog embryos into US
The Cybertruck was supposed to be apocalypse-proof. Can it even survive a trip to the grocery store?
Trump agrees deal for UAE to build largest AI campus outside US