Quote:

Originally Posted by woj This is exactly what happens when you start regulatating the "interchange fee"....

"Visa Inc. (V) and MasterCard Inc. (MA), the world?s largest consumer-payment networks, will raise debit-card fees charged for small-ticket purchases to the full amount allowed under new rules, according to an analyst.
Visa, the world?s largest network, and No. 2 MasterCard may increase fees from 8 cents on a $2 purchase to 23 cents, Thomas McCrohan, an analyst at Janney Montgomery Scott LLC, wrote in a note. They will eliminate the so-called interchange portion of the fee, charging the highest amount allowed by rules announced in June, McCrohan said yesterday in an interview..."

http://www.bloomberg.com/news/2011-0...lyst-says.html