Regulation of interchange fees.

Summary

The bill would add new Indiana statutes that stop payment‑card networks from colluding on interchange fees and from using fee schedules that other issuers apply to charitable donations unless the fee stays below a set limit. It also gives anyone harmed by such conduct a private right to sue the network for damages. The measure targets large credit‑card issuers, merchants, and the networks that process electronic payments.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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