"Credit cards may not work for sales tax or tips starting July 1." By now, you've heard that claim, but whether it's true depends on who you ask. The ads — funded by the Electronic Payments Coalition ...

Consumers are about to pay the price for Illinois’ swipe fee law. The state’s controversial Interchange Fee Prohibition Act ...

He has more than 12 years of storytelling, editing, and design experience in print and online journalism and is most ...

Banking groups that sued the state of Illinois over its law barring banks from charging interchange fees on taxes and tips ...

A federal agency ruled that Illinois cannot limit credit card swipe fees for federally chartered banks. The Illinois law sought to prohibit swipe fees on the tax and tip portions of transactions. The ...

Illinois consumers may see fewer rewards and benefits, higher banking fees and tighter credit access if the interchange fee ...

If a rushed provision contained within the Illinois General Assembly’s revenue bill actually comes to implementation, Illinoisans might find themselves paying at the pump with their credit card and ...

A new law in Illinois threatens to upend the secure and efficient card payments system—a move that could require all transactions to be paid partially in cash. The Interchange Fee Prohibition Act ...

The Defense Credit Union Council is concerned over Puerto Rico House Bill 1216, which would exclude taxes and gratuities from ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...