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→United States: This is not unique to Walmart and Ross, and the steps can be very different depending on the manufacturer of the POS terminal. |
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The fees charged to merchants for offline debit purchases vs. the lack of fees charged to merchants for processing online debit purchases and paper checks have prompted some major merchants in the U.S. to file [[lawsuit]]s against debit-card transaction processors, such as Visa and MasterCard. In 2003, Visa and MasterCard agreed to [[settlement (law)|settle]] the largest of these lawsuits for $2 billion and $1 billion, respectively.<ref>{{cite news| url=https://www.nytimes.com/2010/01/05/your-money/credit-and-debit-cards/05visa.html?em=&pagewanted=all&_r=0 | work=The New York Times | first=Andrew | last=Martin | title=How Visa, Using Card Fees, Dominates a Market | date=2010-01-05}}</ref>
Some consumers prefer "credit" transactions because of the lack of a fee charged to the consumer/purchaser. A few debit cards in the U.S. offer rewards for using "credit". However, since "credit" transactions cost more for merchants, many terminals at PIN-accepting merchant locations now make the "credit" function more difficult to access
As a result of the [[Dodd–Frank Wall Street Reform and Consumer Protection Act]], U.S. merchants can now set a minimum purchase amount for credit card transactions, as long as it does not exceed $10.<ref>{{cite web |url=http://usa.visa.com/about_visa/ask_visa/index.html |archive-url=https://web.archive.org/web/20041020012114/http://www.usa.visa.com/about_visa/ask_visa/index.html |url-status=dead |archive-date=2004-10-20 |title=Ask Visa | Visa USA |publisher=Usa.visa.com |date=2011-06-30 |access-date=2012-12-30 }}</ref><ref>{{cite web |last=Johnson |first=Andrew |url=http://www.paymentssource.com/news/merchants-debit-transactions-cheaper-3003058-1.html |archive-url=https://web.archive.org/web/20110114025447/http://www.paymentssource.com/news/merchants-debit-transactions-cheaper-3003058-1.html |url-status=dead |archive-date=2011-01-14 |title=Emboldened, Merchants Expected To Push Cheaper Payments |publisher=PaymentsSource Article |date=2010-08-25 |access-date=2012-12-30 }}</ref>
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