"Understanding New York's Latest Credit Card Surcharge Law"
New York's new law requires businesses to disclose any additional credit card surcharges before customers check out, aiming to provide pricing transparency and protect consumers from surprise fees. The law also prohibits businesses from charging customers more in credit card surcharges than what the business is charged by processing companies. Businesses must clearly display the total cost of purchasing items with a credit card and cannot simply post a sign stating a percentage surcharge. The law aims to empower patrons to budget accordingly and build trust between businesses and communities, but it does not apply to debit cards.
