End the 'swipe fee' squeeze on Illinois small businesses once and for all
2 Articles
2 Articles
End the 'swipe fee' squeeze on Illinois small businesses once and for all
This year, a landmark law is set to take effect in Illinois that will ban credit card companies and processors from charging interchange fees on taxes and tips. The measure is the first in the nation to take aim at out-of-control "swipe fees," providing tangible relief to small businesses and consumers. Unsurprisingly, the law is already under attack by credit card companies that want to maintain the status quo. That’s where our elected leaders …
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