Swipe Fees news and trends

Illinois Delays Swipe Fee Ban for Another Year
Credit Cards // June 01, 2026

The Illinois legislature voted Monday (June 1) to delay implementation of the Interchange Fee Prohibition Act (IFPA) for a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Seventh Circuit Resets Illinois Swipe-Fee Fight as July 1 Deadline Looms
Bank Regulation // May 08, 2026

The legal fight over Illinois’ first-in-the-nation swipe fee law is headed back to federal district court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
Credit Cards // May 07, 2026

If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe fee,” on the sales tax portion of a debit card or credit card transaction. Get the Full Story Complete the...

Colorado Senate Advances Bill to Axe Swipe Fees on Taxes
Credit Cards // April 28, 2026

A Colorado bill that would prohibit payment card networks from charging an interchange fee on the sales tax portion of a debit card or credit card transaction is headed to the full state Senate for a vote. Get the Full Story Complete the form to...

Interviews & Exclusives
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion

July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]

Rejected: Judge Nixes $30 Billion Swipe Fee Settlement

June 25, 2024
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. Get the Full Story Complete the...

Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...

June 07, 2023
If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit Card Competition Act legislation is...

Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy...

February 05, 2020
In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a decade away, the U.S. economy could lose $10.3...

Quick Reads
Boost Says New Visa Rules Lower B2B Payment Costs

June 23, 2026
Boost Payment Solutions’ B2B payments platform has helped customers reduce their interchange costs by nearly 44% since Visa’s Commercial Enhanced Data Program (CEDP) launched in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Illinois Delays Swipe Fee Ban for Another Year

June 01, 2026
The Illinois legislature voted Monday (June 1) to delay implementation of the Interchange Fee Prohibition Act (IFPA) for a year. Get the Full Story Complete the form to unlock this...

Seventh Circuit Resets Illinois Swipe-Fee Fight as July 1 Deadline Looms

May 08, 2026
The legal fight over Illinois’ first-in-the-nation swipe fee law is headed back to federal district court. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax

May 07, 2026
If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe fee,” on the sales tax...