A new state bill (SB26-134) aimed to cut swipe fees is drawing mixed reactions from local business owners and banks.
Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.
Colorado legislators are proposing to eliminate “swipe fees” on sales taxes, a move that proponents say would save businesses tens of thousands of dollars a year but which will likely revive ...
Last month, a judge upheld the IFPA, which will restrict financial institutions from charging interchange fees in Illinois on ...
By Jenifer Waller Four Colorado lawmakers recently published an op-ed in Colorado Politics calling for legislation to ...
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 ...
After a federal judge allowed a new state law to ban interchange fees on taxes and tips, a coalition of banks and credit unions struck back.
Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...
Earlier this week, the Northern District of Illinois upheld a prohibition on the collection of debit and credit card interchange fees for sales taxes, excise taxes and gratuities if the merchant ...
Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.