Article: BANK OF AMERICA REPORTS THAT ITS CUSTOMERS HAVE CHARGED $100 BILLION TO THEIR DEBIT CARDS.(Brief Article)

Bank of America reported yesterday its customers spent $100 billion on their debit cards this year. Charlotte, NC-based BofA is the largest debit card issuer in the country with over 22 million cards. The financial institution claims that its cards account for 15% of debit cards issued in the U.S. In January 2004, BofA issued 18 million offline debit cards, giving it a 9% share of the market, according to the EFT Data Book. This year's purchase of FleetBoston Financial Corp. brought another 4 million offline cards ...

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