Challenge To Ill. Card Fee Law Explores Compliance Hurdles

The Illinois' Interchange Fee Prohibition Act, a law prohibiting interchange fees on the tax and gratuity portions of credit and debit card transactions, is poised to affect businesses and financial institutions in Illinois starting January 2025. Martin Kiernan explores how these businesses can remain compliant with this new law in his article, “Challenge To Ill. Card Fee Law Explores Compliance Hurdles,” published in Law360. 

You can read Martin Kiernan's full article on Law360.com