Retailers Oppose OCC Effort to Block Illinois Interchange Fee Reform
The Retail Industry Leaders Association (RILA) on Friday joined the Merchant Advisory Group (MAG) and the National Restaurant Association (NRA) in filing comments opposing two actions by the Office of the Comptroller of the Currency (OCC) that would undermine Illinois' Interchange Fee Prohibition Act (IFPA), a law that prohibits card networks from charging interchange fees on sales taxes and gratuities.