Debit card issuers in the U.S. are testing a variety of changes, including new fees, to recoup revenue they expect to lose because of limits on interchange fees. The growth of debit cards is expected to take a hit because of the changes. "It is a changing landscape for consumers," said Tom Joyce, a spokesman for U.S. Bancorp. Some insiders say that the changes could prompt consumers to shift to credit unions and smaller banks that are not subject to the new restrictions.
Published in Brief: