Oklahoma SB1095 prohibits network and interchange fees on certain credit card transactions.
Oklahoma SB1095 introduces a new law prohibiting the charge of network fees and interchange transaction fees on certain credit card transactions. These fees, defined under federal law, will not be charged to merchants for specified transactions. The bill provides an effective date for when these changes will take effect.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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