This week, New York Governor Kathy Hochul signed into law Assembly Bill No. 2672, which amends Section 518 of the New York General Business Law. The law previously prohibited merchants from imposing a surcharge on customers...more
Colorado recently became the latest state to eliminate a statutory ban prohibiting merchants from imposing a surcharge on customers who elect to pay for a transaction via credit or charge card. The Credit Transaction Charge...more
7/16/2021
/ Colorado ,
Credit Card Surcharges ,
Credit Cards ,
Creditors ,
Criminal Prosecution ,
Customers ,
Debit Cards ,
Disclosure ,
Governor Polis ,
Merchants ,
State and Local Government ,
Surcharges
The U.S. District Court, District of Kansas recently ruled in CardX, LLC v. Schmidt, that Kansas Statute Annotated ยง 16a-2-403, which prohibits merchants from imposing a surcharge on customers who elect to pay via credit...more
Last week, in a unanimous decision, the Supreme Court of the United States held that New York General Business Law Section 518, which provides that "[n]o seller in any sales transaction may impose a surcharge on a holder who...more