Rmarts LLC

Rmarts LLCOpposeBusiness
Summary: Rmarts LLC, a convenience retailer, opposes the OCC's interim final order because it preempts an Illinois law that protects merchants from paying swipe fees on sales tax and tips. The company argues that the order favors the Visa-Mastercard duopoly and harms small businesses by allowing banks to collect excessive fees that are not subject to normal marketplace competition.
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