US EditionPayments News Update – May 9, 2025 - Constantine Cannon
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Payments News Update – May 9, 2025 - Constantine Cannon
Legal and Regulatory Developments SPOTLIGHT: D.C. Bill Latest Attempt to Nix Credit Card Swipe Fees on Tips and Taxes Forbes – May 2, 2025 A Washington D.C. bill is the latest to hit back at credit card swipe fees. The Fair Swipe Act of 2025, introduced by D.C. Councilmember Charles Allen, would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. Increasingl…
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