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Louisiana Law Banning Debit Card Surcharges Takes Effect
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Drudge Retort
As I understood when this happened in Florida, the bank had to pay the debit card company a fee every time a debit card was used.
It didn't work here either.
To offset, the banks then tried to charge account holders a monthly fee of $5.00.
It didn't take long for that scam to bite the dust either.
I seem to recall that President Obama stepped in and reduced the $0.48 per use to $0.25 per use.