Illinois’ swipe fee law put on hold while being challenged in court
Wednesday, June 4th 2025, 2:38:06 pm
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(The Center Square) – Banking groups are applauding the news that Illinois’ controversial Interchange Fee Prohibition Act is being placed on the back burner for a year. The law would prohibit interchange fees from being charged on portions of credit and debit card transactions that include taxes and gratuities. The law is currently being challenged in federal
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