Save with Debit, Unclaimed Money

MOBILE, Ala. - The next time you swipe your card, you might be saving money if you choose "debit" rather than "credit".

It's all part of a settlement between Visa, Mastercard and nine banks. Because of the settlement, merchants can now pass on the fees the credit issuers make them pay. That means you, the customer, could be charged 1.5 to 3% more on your purchase if you choose to charge it. The fee doesn't apply to debit transactions.

Walmart released a statement saying the settlement would cost consumers "tens of billions of dollars each year." Mastercard says it doesn't expect most merchants to add the surcharge because they don't want to drive away business.

Twitter is  branching out with a new app that let's users tweet short videos. The video-sharing service, Vine, is being called the Instagram for video, and it works just like a tweet allowing videos up to six seconds or less.

Twitter recently added photo filtering to its apps, so users don't have to go to another service like Instagram.
Right now, Vine is available only for iPhone and iPod Touch.

There is roughly $58 billion in unclaimed money and property sitting in treasuries all over the country, and some of it could be yours. The money comes from forgotten bank accounts, stock holdings, pensions and life insurance payouts.

Go to www.unclaimed.org , or www.treasuryhunt.gov to see if some of that money belongs to you!

That's your Daily Tech.