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There’s No End To Credit Card Swipe Fee Greed
Wednesday, Feb 26, 2025 - Posted by Advertising Department [The following is a paid advertisement.] Credit card companies collect more than $172 billion in swipe fees from customers and businesses each year, but it’s not enough to satisfy their greed. As consumers and retailers continue to grapple with inflation, Visa raised swipe fees on January 1. Gov. JB Pritzker, Senate President Don Harmon, House Speaker Emanuel “Chris” Welch and the General Assembly took a stand against swipe fee greed by passing the Interchange Fee Prohibition Act, which limits swipe fees from being charged on the sales tax and tip portion of transactions. This law will provide tangible relief to Illinois families and retailers of all sizes. While Visa and Mastercard fight to protect their unchecked duopoly in court, Illinois policymakers have sent a clear message that enough is enough.
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The Credit Union Difference
Wednesday, Feb 26, 2025 - Posted by Advertising Department [The following is a paid advertisement.] 
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Stop Credit Card Chaos In Illinois
Tuesday, Feb 25, 2025 - Posted by Advertising Department [The following is a paid advertisement.] A last-minute provision called the Interchange Fee Prohibition Act (IFPA) was snuck into the budget process last May and will create chaos for small businesses and consumers across Illinois if it takes effect on July 1, 2025. The IFPA gives corporate mega-stores like Walmart and Home Depot — who pushed for this backroom deal — millions more in profits, while small business owners get new expenses and accounting headaches. What’s more, consumers could be forced to pay for parts of their transactions in cash if this law moves forward. A recent court ruling in the litigation challenging the law suggests IFPA is likely pre-empted by federal law for national banks and will only apply to credit unions and local Illinois banks, putting local banks at a disadvantage against their national competitors. Illinois lawmakers should repeal the IFPA and focus on protecting small businesses and consumers across the state — not lining the pockets of corporate mega-stores. Stop the countdown to chaos by supporting a repeal of this misguided and flawed policy. Learn more at https://guardyourcard.com/illinois/ 
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When RETAIL Succeeds, Illinois Succeeds
Monday, Feb 24, 2025 - Posted by Advertising Department [The following is a paid advertisement.] Findings of a recent economic study were clear — the retail sector is a cornerstone of the state’s economy and crucial to our everyday lives. Retail in Illinois directly contributes more than $112 billion in economic investment annually – more than 10 percent of the state’s total Gross Domestic Product. Retailers like Barb enrich our economy and strengthen our communities. We Are Retail and IRMA showcase the retailers who make Illinois work.
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RETAIL: The Largest Employer In Illinois
Friday, Feb 21, 2025 - Posted by Advertising Department [The following is a paid advertisement.] Retail creates more jobs in Illinois than any other private sector employer, with one out of every four workers employed by the retail sector. Importantly, retail is an industry in which everyone, regardless of credentials, can find a viable career path. Retailers like Bernita and Derrick enrich our economy and strengthen our communities. We Are Retail and IRMA showcase the retailers who make Illinois work.
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Stop Credit Card Chaos In Illinois
Friday, Feb 21, 2025 - Posted by Advertising Department [The following is a paid advertisement.] A last-minute provision called the Interchange Fee Prohibition Act (IFPA) was snuck into the budget process last May and will create chaos for small businesses and consumers across Illinois if it takes effect on July 1, 2025. The IFPA gives corporate mega-stores like Walmart and Home Depot — who pushed for this backroom deal — millions more in profits, while small business owners get new expenses and accounting headaches. What’s more, consumers could be forced to pay for parts of their transactions in cash if this law moves forward. A recent court ruling in the litigation challenging the law suggests IFPA is likely pre-empted by federal law for national banks and will only apply to credit unions and local Illinois banks, putting local banks at a disadvantage against their national competitors. Illinois lawmakers should repeal the IFPA and focus on protecting small businesses and consumers across the state — not lining the pockets of corporate mega-stores. Stop the countdown to chaos by supporting a repeal of this misguided and flawed policy. Learn more at https://guardyourcard.com/illinois/
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