New York’s New Credit Card Surcharge Mandate Takes Effect: What to Know
12th February 2024
A new law takes effect in New York this weekend requiring businesses to inform customers about credit card surcharges that will cost them more money at the register.
Starting Sunday, businesses must post the total cost of goods or services with a credit card, including surcharges, before customers checkout. Proprietors can either display the total price inclusive of the credit card surcharge, or list a separate prices for paying with a credit card versus cash.
The new law also requires the surcharge passed on to customers using credit cards to the exact amount charged by credit card companies.
…
The new rule does not apply to debit cards.
Which also have a fee attached. One wonders why they were exempted–perhaps because government benefit programs are paid via ‘debit’ cards such as the famous EBT.