18 States Considering Bans on Credit Card Surcharges

Wack, Kevin
April 2013
American Banker;4/1/2013, Vol. 178 Issue 49, p4
Trade Publication
The article reports 18 U.S. states are considering legislation that will prohibit retailers from adding surcharges on customers' credit-card transactions. The article notes merchants can impose surcharges on MasterCard and Visa credit card purchases to defray the cost of swipe fees paid to the card networks. The states include Arkansas, Hawaii, Indiana, Nevada, and New Jersey. The article notes Mississippi has a limited ban on surcharges.


Related Articles

  • Push to Ban Credit Card Surcharges Sputters. Wack, Kevin // American Banker;7/11/2013, Vol. 178 Issue 106, p8 

    The article discusses states' efforts to prevent retailers from imposing credit card surcharges which Visa and MasterCard card networks call checkout fees and which pass the cost of swipe fees on to customers using credit cards. The article notes Utah imposed a ban on credit card surcharges. It...

  • Do You Take Credit Cards? Maneuver Carefully When You Apply Surcharges.  // Remodeling;Nov2013, Vol. 29 Issue 11, p16 

    The article offers the author's insights on the legal conflict regarding the application of surcharge on consumers that uses Visa and MasterCard credit cards. The author outlines the factors that must be considered by merchants before applying a surcharge on credit card payments which include...

  • An Economic Analysis of the 2010 Proposed Settlement between the Department of Justice and Credit Card Networks. Schuh, Scott; Shy, Oz; Stavins, Joanna; Triest, Robert // Research Review;Jul-Dec2011, Issue 16, p1 

    The article provides an overview of the 2010 Proposed Settlement between the U.S. Department of Justice (DOJ), Visa Inc., and MasterCard Inc. to remedy market imperfection exhibited by the payment card networks in the U.S. The authors discuss the information needs of consumers and merchants...

  • Stores debate card fee deal.  // Furniture/Today;8/20/2012, Vol. 36 Issue 48, p1 

    The article informs that furniture retailers and the National Home Furnishings Association of the U.S. have joined to disapprove the recent multibillion-dollar settlement over credit card swiping fees. It mentions that the antitrust litigation settlement was done in July 2012 under which several...

  • Merchant Fees Reduced.  // Western Hotelier;Nov/Dec2014, Vol. 38 Issue 5, p16 

    The article focuses on the move of Visa Inc. and MasterCard Inc. to submit separate and individual voluntary proposals to Canada's government to reduce their credit card fees.

  • Credit card surcharging ban still widely flouted. KOLLMORGEN, ANDY // Choice;May2015, p13 

    The article reports that Visa and MasterCard have called for an end to excessive credit card surcharging in Australia in 2015.

  • The Recent VISA/MasterCard Settlement May Influence Bank Customer Demand. Hurtig, Beau J. // North Western Financial Review;9/15/2012, Vol. 197 Issue 18, p3 

    The article offers the author's insights on the proposed settlement agreement between VISA Inc. and MasterCard Inc. on July 13, 2012 to change their surcharge rule so merchants and other service providers may impose a surcharge on credit card payments. The author discusses the possible influence...

  • ETA And Visa Sparring Over New Fee Deadline. McKinley, Ed // ISO & Agent Weekly;3/15/2012, Vol. 8 Issue 10, p1 

    The article reports on the conflict between credit card brand Visa Inc. and the Electronic Transactions Association (ETA) over the implementation deadline of the Fixed Acquirer Network Fee imposed by Visa in the U.S. The association complained that it only has 36 working days to adjust the fee's...

  • Visa's New Fixed Acquirer Network Fee: Asking Too Much Too Soon? Zahaitis, Joe // ISO & Agent Weekly;3/15/2012, Vol. 8 Issue 10, p19 

    The article presents the author's views concerning the Fixed Acquirer Network Fee imposed by Visa Inc. in the U.S. According to the author, the 36 days notification time given to the processing industry to implement the fee, which would be effective on April 1, 2012, may not be adequate. He also...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics