There will be no fees to the consumer to buy or sell the stock, Schneider said, and payment can be made by automatic withdrawal, credit card, or debit card.

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Datacell, based in Iceland, says the credit card companies withdrawal of funding services threatens its own business.

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The most controversial of the plans are those that seek to ban the withdrawal of cash with the card at certain locations like nail salons and tattoo parlors.

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The reader pulls up a ten-digit signature code, created for that particular sale or cash withdrawal, and debits or loads the card with the appropriate amount of money.

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Similar to a credit card, shop around and look for a bank or credit union that offers a debit card with no international ATM withdrawal fees or foreign transaction fees.

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