Credit card surcharging is on the rise. Imposing a surcharge in a compliant manner is more than adding a fee at the point of sale. Below we review on a high level the legal and commercial considerations for merchants before...more
3/28/2025
/ Banking Sector ,
Contract Terms ,
Credit Cards ,
Disclosure Requirements ,
Financial Services Industry ,
FinTech ,
MasterCard ,
Merchants ,
Payment Processors ,
Retailers ,
Surcharges ,
Visa Inc
On January 1, 2025, Massachusetts Gov. Maura Healey approved House Bill No. 4840, which repeals and replaces Massachusetts’ money transmission law with a revised law (MTL Law), which is based in part on the model Money...more
1/17/2025
/ Amended Legislation ,
Banking Sector ,
Compliance ,
CSBS ,
Financial Services Industry ,
Licensing Rules ,
Money Transmission Act ,
Payment Systems ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements