A coalition of banks, credit unions, and card companies argue that Illinois lawmakers must repeal the state's first-in-the-nation Interchange Fee Prohibition Act, slated to take effect July 1.

In 2024, U.S. businesses paid more than $187 billion in card processing fees — and a large share went to businesses that never fully understood what they were being charged. That knowledge gap is one ...

Learn how swipe fees impact your business, what drives their costs, and the smartest strategies to reduce processing expenses and protect your profit margins. Key takeaways: Swipe fees are charges ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Aug 18, 2025, 11:02am EDT Aug 18, 2025, 02:06pm EDT JP Morgan ...