Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card ...
Jacksonville Journal-Courier on MSN4d
Judge declines to extend ‘swipe fee’ injunction to credit unions, applies it to out-of-state banksCourt had previously granted injunction to national banks, denied it for Illinois banks, credit card companies ...
The ongoing battle between merchants and card networks over interchange and network fees has only intensified since the adoption of Regulation II, which capped debit interchange, more than a decade ...
Every time a customer of one bank uses an ATM operated by another, the former bank must pay a fee to the latter bank. This is ...
The American people suffered through several years of high inflation brought on by the COVID-19 pandemic, which temporarily closed manufacturing plants and clogged supply chains. But there's a hidden ...
Reserve Bank of India (RBI) is considering to hike the maximum fee that banks can charge for customers’ incremental cash ...
The law prohibits a credit card holder’s bank from charging or receiving interchange fees on portions of transactions, including taxes and gratuities. It is scheduled to go into effect July 1.
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