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Hidden Fees School Lunch Programs Consumer Financial Protection Bureau (CFPB)

Troutman Pepper

CFPB Spotlights Fees in School Lunch Payment Platforms

Troutman Pepper on

On July 25, the Consumer Financial Protection Bureau (CFPB or Bureau) released an Issue Spotlight focusing on the fees associated with electronic payment platforms used by school districts to process school lunch payments. In...more

Sheppard Mullin Richter & Hampton LLP

CFPB Report Spotlights Hidden Fees in School Lunch Payments

The CFPB recently released a report on payment processing companies that manage school lunch payments for school districts. The companies, the report argues, cater to a captive market and often impose transaction fees that...more

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