A battle between financial institutions and retailers over a first-of-its-kind Illinois law that would prohibit credit card swipe fees from applying to taxes and tips is only heating up as the July 1 ...
The “Swipe Fee ripoff,” as President Donald Trump succinctly described, is a scourge on American small businesses and consumers. Charging vendors roughly 2.5% of every credit card transaction, these ...
Comptroller of the Currency Jonathan Gould. The Merchants Payments Coalition urged the Office of the Comptroller of the Currency on Friday to withdraw its recent move to nullify state-level swipe fee ...
Visa and Mastercard propose $38 billion settlement over alleged inflated credit card processing fees. Merchant groups say the ...
If you've paid the bill at your favorite restaurant with a credit card lately, you've almost certainly seen the charge added at the bottom. Credit card processing fees have become a standard line-item ...
Chief U.S. District Judge Virginia Kendall for the Northern District of Illinois found that an interim final rule from the Office of the Comptroller of the Currency establishes that federal law ...
Comptroller of the Currency Jonathan Gould. The Office of the Comptroller of the Currency Friday issued an interim final rule and accompanying order that would preempt an Illinois state law banning ...