I just read some commentary on Forbes.com titled Debit Card Fees: Sending the Wrong Message about Bank of America’s withdrawal of its planned $5 monthly fee for debit card use, and while I don’t like bank fees as much as the next guy, I do have to agree with the author that this sends abad message to the masses.
It confirms the popular view that expensive electronic payments systems are God-given and free for all of us to use.