A federal judge on Thursday declined to issue an injunction to stop an Illinois law that bans certain credit card fees from ...

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 ...

Square is a leader in the credit card payment app space, offering a seamless blend of hardware, software, and payment ...

The progress of the interchange at Town Madison is moving forward.

On February 6, 2025, the U.S. District Court of the Northern District of Illinois declined to issue a preliminary injunction to stop an ...

A federal judge has declined to issue an injunction to stop an Illinois law that bans certain credit card fees from applying to credit card companies and Illinois banks. Credit and debit card ...

Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card ...

"The statute’s plain language clearly suggests that § 1831a(j)(1) is meant to ensure that out-of-state state banks can compete with nationally chartered banks. This means that because the court ...

U.S. District Court Judge Virginia Kendell extended the injunction against Illinois’s pending interchange law late Thursday ...

Court had previously granted injunction to national banks, denied it for Illinois banks, credit card companies ...

The Bank rate is used as the basis to calculate the payment on due date interest rate. The current bank rate as set on January 30, 2025, is 3.25%. Government of Canada departments use the payment on ...