In a setback for credit card issuers and a win for retailers, legislation that would bar merchants from charging customers to pay with plastic has stalled in about 15 states.

The wave of state bills, which were introduced earlier this year, came in reaction to new rules from Visa (NYSE: V) and MasterCard (MA) that let merchants impose so-called checkout fees. That concession by the two giant card networks was part of the proposed settlement of a lawsuit over the fees card companies charge merchants when consumers swipe their credit cards.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.