OCC seeks to halt Illinois card interchange fee law
Payments Dive
OCTOBER 3, 2024
The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.
Cards Illinois Taxes 
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Illinois heads toward landmark card interchange fee restrictions
Payments Dive
JUNE 7, 2024
The state may become the first in the nation to outlaw the imposition of credit and debit card interchange fees on state excise tax and tips.
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Judge partially halts Illinois law ending card fees for taxes, tips
Payments Dive
JANUARY 17, 2025
Banks seeking to halt a new Illinois law that bars credit card interchange fees on taxes and tips succeeded on one front, but not another, at least for now.
State interchange fee legislation makes meager progress
Payments Dive
NOVEMBER 18, 2024
In the wake of Illinois being sued over its landmark law exempting state taxes from the calculation of card interchange fees, other states are making little progress with the idea.
Why State And Local Governments Struggle To Shred The Paper Check
PYMNTS
JANUARY 22, 2020
Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.
State And Local Governments Wrestle With Faster Payments
PYMNTS
JANUARY 27, 2020
Illinois printed and mailed $1.3 Illinois could have saved an estimated $1 million by digitizing its payments. Illinois could have saved an estimated $1 million by digitizing its payments. More states are starting to use recurring digital payments as the means by which tax refunds and other government monies are paid out.
Illinois' interchange fee law sets a dangerous precedent
American Banker
OCTOBER 2, 2024
The state's ill-conceived law banning interchange fees on sales tax and gratuities will be burdensome and expensive to implement and could portend a patchwork of state-level copycat legislation that would balkanize the payments system.
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