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Restaurant lobby celebrates Illinois court win on swipe fees
Yahoo Finance· 2026-02-12 10:35
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: A federal judge on Tuesday upheld the core of Illinois’ Interchange Fee Prohibition Act, a 2024 law which prevents payment processes and financial institutions from charging interchange fees on tips or state and local taxes. Payment processors had challenged the state law, arguing it would “would upend the intricate and carefully calibrated glo ...