The Office of the Comptroller of the Currency issued an interim final rule Friday to clarify banks' leeway to charge ...
A federal agency says Illinois cannot limit credit card swipe fees for federally chartered banks, despite a judge's ruling.
Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.
Large merchants argued in a Monday court hearing that card surcharges and discounts would pose significant burdens on their ...
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 ...
Gov. J.B. Pritzker says he hopes the federal government does what’s best for consumers and businesses as a Treasury Department agency moves to preempt an Illinois ...
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 ...
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 ...
Delaware House Bill 315 would ban swipe fees on credit card tips. Restaurants support it, while banks warn it could disrupt the payment system.