Challenges to Illinois’ pending interchange law continue to play out in court
Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card ...
Digital Transactions7d
Judge Grants More Banks Relief from Illinois Interchange Law, But Stops Short of Going All the Way
U.S. District Court Judge Virginia Kendell extended the injunction against Illinois’s pending interchange law late Thursday ...
Richmond7dOpinion
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
Illinois judge declines to extend ‘swipe fee’ injunction to credit card companies
A federal judge declined to stop an Illinois law banning credit card fees on tax and tip portions of transactions, effective ...
Business Line12d
RBI considering hiking ATM cash transaction, interchange fees
Separately, the NPCI has also recommended hiking the ATM interchange fee from ₹17 to ₹19 for cash transactions, and from ₹6 to ₹7 for non-cash transactions. Each time a customer of a bank ...
India TV9d
ATM cash withdrawal to become costly? RBI likely to increase interchange fee
The Reserve Bank of India (RBI) is considering increasing the maximum fee and the ATM interchange fee that banks charge customers when they exceed the limit of five free transactions. According to ...
Mint10d
ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report
is planning to raise the maximum fees that banks can charge customers for exceeding the “free five transactions” limit and the ATM interchange fees, reported the Hindu BusinessLine ...
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 ...
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 ...