The American people suffered through several years of high inflation brought on by the COVID-19 pandemic, which temporarily ...
State lawmakers in Washington and Maryland are following the lead of Illinois in proposing legislation to ban credit card ...
A federal judge declined to stop an Illinois law banning credit card fees on tax and tip portions of transactions, effective ...
Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card ...
It is then divided between the credit card network and the bank that issued the card. The biggest part of the swipe fee is something called the interchange fee, which is set by the credit card ...
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 ...