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American Financial Services Association

White Paper | March

White Paper | March

AFSA’s March State Government Affairs white paper takes an in-depth look at interchange fees, the costs associated with processing electronic payments, and their effect on financial institutions and consumers. It explores ongoing legislative and regulatory discussions surrounding interchange and the potential consequences of proposed changes. As interchange legislation continues to gain momentum, policymakers appear increasingly interested in interchange sales tax bills.

The information in this paper reflects the research conducted at the time but may change as the situation is constantly evolving.

This and other SGA white papers can be found on the SGA resources section of AFSA’s website.

March 6th, 2025

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