Merchants Payments Coalition

Merchants Payments Coalition The Merchants Payments Coalition is dedicated to fighting unfair credit and debit card fees.

“This stands in stark contrast to President Trump’s own endorsement of fair competition when it comes to   interchange f...
06/01/2026

“This stands in stark contrast to President Trump’s own endorsement of fair competition when it comes to interchange fees,” National Grocers Association President and CEO Greg Ferrara says of the U.S. Comptroller of the Currency’s move to block Illinois’ ban on on sales tax and tips.
Donald Trump Jr. Illinois Retail Merchants Association Governor JB Pritzker Senator Dick Durbin

Washington, D.C. - The National Grocers Association (NGA) today strongly condemned the action taken by the Office of the Comptroller of the Currency (OCC) to

Colorado painting contractor Lisa Pizzo says she doesn’t accept   “because we cannot afford to pay the fees and our cust...
06/01/2026

Colorado painting contractor Lisa Pizzo says she doesn’t accept “because we cannot afford to pay the fees and our customers don’t want to pay the fees either.” Turning down cards has cost her potential business and she says “reducing these fees, getting rid of these fees, would help my small business tremendously.”
NFIB Senator Dick Durbin Senator Roger Marshall, M.D. Senator Peter Welch Lance Gooden Representative Zoe Lofgren Senator John Hickenlooper Senator Michael Bennet

Small business owners demand action from Congress to pass legislation that will inject competition into the marketplace to limit surging credit card swipe fees.

MPC today urged the U.S. Comptroller of the Currency to withdraw a pending rule intended to block state laws on    , say...
05/29/2026

MPC today urged the U.S. Comptroller of the Currency to withdraw a pending rule intended to block state laws on , saying the measure endorses price-fixing that could drive up a wide range of fees banks charge both merchants and consumers “far beyond” swipe fees.
Governor JB Pritzker Governor Jared Polis Senator Dick Durbin Illinois Retail Merchants Association

MPC urged the Office of the Comptroller of the Currency to withdraw a pending rule intended to block state laws on credit card swipe fees, saying the measure endorses price-fixing that could drive up a wide range of fees banks charge both merchants and consumers.

By seeking to block Illinois’ ban on     on sales tax and tips, The U.S. Comptroller of the Currency  “is trying to kill...
05/29/2026

By seeking to block Illinois’ ban on on sales tax and tips, The
U.S. Comptroller of the Currency “is trying to kill an initiative that could save consumers money at a time when voters cite economic concerns as a top issue in this year’s midterm elections.”
Governor JB Pritzker Senator Dick Durbin Illinois Retail Merchants Association POLITICO

State law to cut credit card fees could have repercussions in other states.

“The OCC is endorsing the idea that banks can coordinate on pricing through third parties in a way that has never been O...
05/29/2026

“The OCC is endorsing the idea that banks can coordinate on pricing through third parties in a way that has never been OK, so this is much more significant than just merchant fees on interchange,” MPC Executive Committee member and NACS General Counsel Doug Kantor.
U.S. Comptroller of the Currency Illinois Retail Merchants Association Governor JB Pritzker Senator Dick Durbin Law360

The Office of the Comptroller of the Currency has moved to block Illinois from enforcing its landmark swipe-fee law against national banks, issuing emergency rules that open a new front in an ongoing battle over the state's effort to curb merchant payment-processing costs.

"Visa and Mastercard operate as a duopoly, and so they don’t face any competition, and they continue to raise their pric...
05/29/2026

"Visa and Mastercard operate as a duopoly, and so they don’t face any competition, and they continue to raise their prices as a result,” Texas Restaurant Association Chief Public Affairs Officer Kelsey Erickson Streufert says. “Not only is that hurting our restaurants and local businesses, but ultimately those costs are passed on to consumers."
Houston Public Media Senator Dick Durbin Senator Roger Marshall, M.D. Senator Peter Welch Lance Gooden Representative Zoe Lofgren Senator Ted Cruz John Cornyn

Half of all Texas restaurant operators failed to earn a profit last year, according to data tracked by the National Restaurant Association.

“If more customers knew we are paying fees on taxes and it contributes to the cost of their groceries, I think they’d be...
05/28/2026

“If more customers knew we are paying fees on taxes and it contributes to the cost of their groceries, I think they’d be in favor of the law” banning on sales tax and tips, Illinois grocer Art Potash says.
U.S. Comptroller of the Currency Governor JB Pritzker Senator Dick Durbin Illinois Retail Merchants Association Chicago Sun-Times

The state's first-in-the-nation legislation over so-called swipe fees is slated to take effect July 1, but credit card companies and banks are challenging it.

“It is incredibly shortsighted that the OCC banking regulators chose to pursue an opaque end-run around state lawmakers ...
05/28/2026

“It is incredibly shortsighted that the OCC banking regulators chose to pursue an opaque end-run around state lawmakers and the courts at the behest of the credit card networks and the nation’s largest banks,” FMI - The Food Industry Association President and CEO Leslie Sarasin says of the agency’s attempt to block Illinois’ ban on on sales tax and tips.
U.S. Comptroller of the Currency Illinois Retail Merchants Association Governor JB Pritzker Senator Dick Durbin NACS Progressive Grocer

Trade organizations say killing the bill contradicts President Trump’s “affordability” mission

After hitting “a staggering record” of $198.25 billion in 2025, “The debate over   interchange fees — commonly known as ...
05/28/2026

After hitting “a staggering record” of $198.25 billion in 2025, “The debate over interchange fees — commonly known as — has reached a fever pitch in 2026” and “the cost of processing digital and card-based transactions has become a critical barrier to margin health and price stability.”
Senator Dick Durbin Senator Roger Marshall, M.D. Senator Peter Welch Lance Gooden Representative Zoe Lofgren

Retailers and lawmakers are debating whether the Credit Card Competition Act can provide relief as annual swipe fees reach a record $198 billion.

The U.S. Comptroller of the Currency's endorsement of     price-fixing means “now banks and card processors can collude ...
05/27/2026

The U.S. Comptroller of the Currency's endorsement of price-fixing means “now banks and card processors can collude to set even higher swipe fees, padding their bottom lines at the expense of small businesses and consumers,” NFIB Small Business Legal Center Executive Director Beth Milito says.
Governor JB Pritzker Senator Dick Durbin Illinois Retail Merchants Association

NFIB sent a letter opposition to the Office of the Comptroller of the Currency (OCC) interim final rule on swipe fees.

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