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News
In a blow to the banks, Illinois’ pioneering swipe fee law survives first legal challenge
7+ mon, 3+ day ago (969+ words) law that would prohibit banks and credit card companies from charging swipe fees on tips and taxes survived...a major hurdle in court Tuesday, but opponents vow it will not be the last challenge....Once IFPA goes into effect, retailers…...
Impasse reached: What is going on with the surcharge ban?
5+ mon, 2+ week ago (577+ words) overcharged on surcharges at a time where money is tight, I think New Zealand consumers deserve a fair go...The Retail Payment System (Ban on Merchant Surcharges) Amendment Bill was first announced by Simpson last...Having the surcharge ban not…...
Illinois Statute’s Landmark Curbs on Credit Card Swipe Fees Survives Lawsuit
7+ mon, 2+ day ago (152+ words) "It's kind of a safety net in case there is a mistake," plaintiff-appellant counsel told Law.com. “If you’re reading the tea leaves, it’s a meaningful leaf,” said Elizabeth Goldberg, a partner at Morgan, Lewis & Bockius. Bankruptcy Judge David Jones…...
'It's going to shock a lot of businesses': surcharge impact to be felt in the Riverina
5+ mon, 1+ week ago (386+ words) The announcement made on March 31 will also lower the maximum fee banks can charge businesses every time..."Honestly, I feel like it's going shock a lot of businesses, and it's going to affect a lot of businesses...really believe in…...
Card payment surcharge ban to go ahead, Finance Minister says
3+ mon, 4+ day ago (314+ words) The Finance Minister says a card payment surcharge ban will go ahead, but the government's still working...Last year the government said the ban on surcharges for contactless and credit card payments would be...
Last chance to claim California inflation relief from tax refund debit cards
4+ mon, 1+ week ago (195+ words) Any funds left unused after midnight tonight will go back to the state’s general fund....
Here's how your credit card can help you save on last-minute travel
2+ mon, 4+ week ago (980+ words) Summer travel is in full swing, and prices are going up for everything from gas to airfare....Comparing options and price shopping are important first steps for booking last-minute travel, even if...
Four in five payments in Ireland go cashless
1+ mon, 2+ week ago (671+ words) experienced a payment refusal in-store in the past six months: the demographic most likely to walk out or go...
Chicago's entertainment is going cashless faster than you think
4+ mon, 2+ week ago (558+ words) The same Federal Reserve data shows that consumers aged 18–24 used cash for only 10% of all payments last...
Surcharges on debit and credit cards to go from October
5+ mon, 2+ week ago (780+ words) Topic:Reserve Bank Of Australia The RBA has been reviewing merchant card payment costs and surcharging. (Adobe Stock) The RBA will remove surcharges on debt and credit cards, saving consumers and businesses about $1.8 billion each year. Most of the reforms…...