NO MORE SWIPE SURPRISES! NYS CHANGES THE REQUIREMENTS FOR BUSINESSES TO DISCLOSE CREDIT CARD FEES
Effective February 11, 2024, NYS General Law Section 518 lets New York businesses charge a credit card surcharge, BUT only as long as the price, including the surcharge, is posted upfront and doesn’t exceed the fees they pay to credit card companies. Here’s the major points of the new law: No Surcharges: Businesses cannot add…