Chime Financial, Inc.
Chime Financial, Inc.SupportBusiness
Summary: Chime Financial, Inc., a financial technology company, supports the OCC's interim final order because it maintains uniformity in the national payment card system and protects the interchange-based revenue model that funds their products. They argue that the Illinois Interchange Fee Prohibition Act would create operational burdens, fragment the payment ecosystem, and potentially increase costs for consumers and small businesses.
See attached file.