Surcharges

ALBANY, N.Y. – A new law in New York aims to increase transparency in credit card surcharges, requiring businesses to provide clearer information to consumers. The legislation, signed by Governor Andrew Cuomo, mandates that businesses must clearly disclose the surcharge amount and notify customers in advance of any additional fees associated with using a credit card for payment. The law intends to address concerns of consumers who may be caught off guard by unexpected charges when using their credit cards. Businesses will now be required to inform customers, both in-store and online, of any surcharges … Read more