Interchange rates change based on the card network ... Under the subscription-based, also called membership-based, pricing model, processors do not take a percentage of your sales.
In the last four years both Congress and the Biden Administration tried to limit the interchange fees associated with credit cards in the name of protecting consumers. However, recent research ...
(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law ...
Court had previously granted injunction to national banks, denied it for Illinois banks, credit card companies ...
(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card holder’s bank from charging or receiving ...