TITLE

18 States Considering Bans on Credit Card Surcharges

AUTHOR(S)
Wack, Kevin
PUB. DATE
April 2013
SOURCE
American Banker;4/1/2013, Vol. 178 Issue 49, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
86435630

 

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