Try our Advanced Search for more refined results

Expert Analysis

Challenge To Ill. Card Fee Law Explores Compliance Hurdles

By Martin Kiernan (October 9, 2024, 5:41 PM EDT) -- Illinois' Interchange Fee Prohibition Act, signed into law in June by Gov. J.B. Pritzker, will prohibit financial institutions from receiving or charging an interchange fee on the tax and gratuity portions of debit and credit transactions, and restrict the use or transmittal of electronic payment transactions data. The act defines "interchange fees" as "a fee established, charged, or received by a payment card network for the purpose of compensating the issuer for its involvement in an electronic payment transaction."...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!