Illinois Swipe Fee Law Delayed for at Least Another Year
In a victory for banks and credit card companies, Illinois’ law aimed at ending credit card swipe fees on sales ...
Tag: Illinois
Learn about Illinois and its significance in the financial industry. Discover how its banking institutions, payment innovations, and regulatory landscape influence local and national economic development, supporting businesses and consumers in the evolving financial ecosystem.
Another State Grapples with Debit Fee Surcharges
As merchants and cardholders continue to pass the hot potato of surcharges back and forth, Louisiana is on the verge ...
D.C. May Experiment with Swipe Fee Limits
Washington, D.C., could be the next jurisdiction to tackle credit card swipe fees. According to an exclusive from Axios, 13 ...
Judge Grants Partial Injunction in Illinois Interchange Fee Case
A judge in Illinois’ Northern District has determined that challenges to a law aimed at banning credit and debit interchange ...
Banks, Credit Unions File Lawsuit to Stop Illinois Swipe Fee Law
Banking and credit union groups have filed a lawsuit against the state of Illinois, seeking to block the ban on ...
Pennsylvania Weighs Eliminating the Swipe Fee on Sales Tax
The Pennsylvania House of Representatives is considering a bill that would eliminate interchange fees for credit and debit cards on ...
Illinois Bill Eliminating Swipe Fees on Sales Taxes Inches Closer
An unusual situation is arising in Illinois, where the state legislature has passed a budget bill prohibiting swipe fees on ...
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