The state's first-in-the-nation legislation over so-called swipe fees is slated to take effect July 1, but credit card ...

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

"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 ...

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

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

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 ...

A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s ...

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

Illinois has become the first state to adopt legislation banning interchange fees on the tax amount and gratuity (tip) amount of a credit or debit payment transaction. The Illinois Interchange Fee ...

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 ...

CHICAGO - Rising credit card interchange fees are among the top concerns of food retailers, according to supermarket executives interviewed at the Food Marketing Institute show here last week. "The ...