Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law

pymnts.com/legal/2025/illinois-lawmakers-vote-to-delay-implementation-of-interchange-fees-law

The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions of credit and debit card transactions.
The law, the Interchange Fee Prohibition Act (IFPA), was set to go into…

This story appeared on pymnts.com, 2025-06-02 22:36:43.
The Entire Business World on a Single Page. Free to Use →