Washington, Maryland lawmakers propose banning credit card swipe fees on sales taxes
State lawmakers in Washington and Maryland are following the lead of Illinois in proposing legislation to ban credit card ...
Press of Atlantic City7dOpinion
Forcing competition will lower exorbitant credit card fees | Sen. Dick Durbin
The American people suffered through several years of high inflation brought on by the COVID-19 pandemic, which temporarily ...
Jacksonville Journal-Courier on MSN4d
Judge declines to extend ‘swipe fee’ injunction to credit card companies
A federal judge on Thursday declined to issue an injunction to stop an Illinois law that bans certain credit card fees from ...
NerdWallet1d
Credit Card Processing Fees: What Small Businesses Should Know in 2025
Here’s a breakdown of the charges that make up credit card processing fees: Interchange fees Interchange fees make up the largest portion of the credit card processing fee that goes to the ...
WGLT7d
Judge declines to extend ‘swipe fee’ injunction to credit unions, applies it to out-of-state banks
Court had previously granted injunction to national banks, denied it for Illinois banks, credit card companies ...
Challenges to Illinois’ pending interchange law continue to play out in court
(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law ...
NerdWallet12d
Credit Card Surcharges, Convenience Fees and Processing Fees: Are They Legal?
Paying an extra fee to use (or accept) a credit card can be annoying, but in most cases, the charges are allowed and legit. Many or all of the products on this page are from partners who ...
Banks opposing state’s landmark credit card fees law keep up arguments in court, Springfield
Financial services companies in Illinois are fighting a landmark state law on credit card fees in court and in Springfield as ...
The Victoria Advocate8d
Challenges to Illinois’ pending interchange law continue to play out in court
(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 ...
AOL7d
Challenges to Illinois’ pending interchange law continue to play out in court
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.
RealClearMarkets22d
Interchange Fee Caps Will Reduce Credit For Those Who Need It
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 ...