Comment from Mastercard International Incorporated
Mastercard International IncorporatedSupportBusiness
Summary: Mastercard supports the NCUA's Interim Final Rule, which clarifies that federal credit unions have the authority to charge non-interest fees and interchange fees, thereby preempting state laws like the Illinois Interchange Fee Prohibition Act. The company argues that the rule provides necessary regulatory certainty, maintains a nationally uniform payment system, and prevents operational inefficiencies caused by state-specific mandates.
See attached file(s)