Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Listen to Interview on Impact of New Debit Card Regulations From August 9 Economic Perspectives

Posted by Hopeton on August 7, 2010

Since July 1, a financial institution cannot charge a fee for a non-recurring debit or ATM transaction that exceeds a customer’s balance without permission — even a customer who has been the bank’s overdraft program before this new regulations went into affect.

What does this mean for consumers?

What does this mean for banks?

Learn more about debit card regulations by listening to  the Economic Perspectives interview from August 9 with Dennis Simmons, president of SWACHA, an association that provides electronic payment information and resources to financial institutions, corporations, e-commerce companies, and payments technology providers around the country.  To listen click here: Dennis Simmons Interview.

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