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What is the Debit Card Swipe Fee Battle?

Banks and businesses have been at each others’ throats for the better part of 2011, battling over the $16 billion in fees that businesses pay to banks annually in order to accept debit cards from customers on purchases.

But there’s drastic change on the horizon. Watch the latest 2 Minute Finance video to find out how it’ll affect you and your bottom line.

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