WASHINGTON, D.C. — A challenge to the Illinois Interchange Fee Prohibition Act (IFPA) failed on Feb. 10 when U.S. District ...
Passed in 2024 and set to take effect this July, the law bans certain so-called swipe fees on the tax and tip portions of customers’ bills, with a goal of lowering how much credit card companies ...
The law will take effect July 1, providing businesses relief on portions of transactions they do not keep as revenue ...
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