The Interchange Fee Prohibition Act (IFPA), signed into law in June of 2024 by Illinois Governor J.B. Pritzker, prohibits banks, savings associations, credit union, and others from receiving or charging an interchange fee on...more
8/21/2024
/ American Bankers Association ,
Banks ,
Consumer Fraud ,
Credit Unions ,
Debit and Credit Card Transactions ,
Debit Cards ,
Electronic Payment Transactions ,
Financial Services Industry ,
Governor Pritzker ,
Interchange Fees ,
Tips ,
Unfair or Deceptive Trade Practices