CREDIT GETIMAGE
CREDIT GETIMAGE
The law, which took effect the weekend before, requires businesses to clear charges to credit cards before making purchases.
CREDIT GETIMAGE
Companies must disclose the full cost of products or services, including credit card charges, before customers pay.
CREDIT GETIMAGE
Business options include displaying the total price with credit card surcharges or listing separate prices for cash and credit card payments.
CREDIT GETIMAGE
By law the surcharge charged by a credit card must be matched with the exact amount charged by the credit card companies.
CREDIT GETIMAGE
The bill aims to eliminate hidden credit card fees and ensure that purchases are safe.
CREDIT GETIMAGE
Owners are now required to offer all-inclusive pricing on their signs, removing the need to estimate additional fees for customers.
CREDIT GETIMAGE
The new rules do not apply to debit cards and thus they are exempted from the surcharge on credit card requirements.
CREDIT GETIMAGE
Next steps