New York Limits Fees on Payroll Cards

New York Department of Labor issued new regulations earlier this month dramatically limiting fees associated with payroll cards. Among the array of provisions now in effect is one that prohibits employers from receiving any financial remuneration from the issuer, card sponsor, or any third party for paying wages by payroll card.  In addition, the regulations…

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Tell Congress to Preserve the Durbin “Swipe Fees” Fix

In a major victory for retailers, last month the U.S. Senate took action that will greatly reduce the excessive “swipe fees” you pay on debit card transactions. This critical amendment to the Financial Regulatory Reform package was not included in the legislation passed earlier by the U.S. House of Representatives. It is critically important that you contact your member of Congress and ask that they support fixing “swipe fees” in the U.S. House of Representatives!

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