No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
NY's new credit card surcharge law takes effect today
https://www.fox5ny.com/news/new-york-credit-card-surcharge-law
@SouthJamaica wrote:NY's new credit card surcharge law takes effect today
https://www.fox5ny.com/news/new-york-credit-card-surcharge-law
Thanks for sharing -- pricing transparency is always good for the consumer, but I wonder what ( if anything ) they'll do to make businesses accept cash payments. Seems like a lot of places stopped accepting cash during the pandemic and some still haven't started doing it again.
@pizzadude wrote:Thanks for sharing -- pricing transparency is always good for the consumer, but I wonder what ( if anything ) they'll do to make businesses accept cash payments. Seems like a lot of places stopped accepting cash during the pandemic and some still haven't started doing it again.
Many businesses do not accept cash as it is too dangerous for them to do so. Others do it to prevent employee theft.
I thought it was against merchant agreements to charge cc fees to customer.
DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!
@Shooting-For-800 wrote:I thought it was against merchant agreements to charge cc fees to customer.
It is, but unless the state has laws against charging CC fees to customers, the threat to cut the merchant off is fairly empty anymore, as there are many CC proccessors available to merchants.
In my state, Texas, it is illegal for my company to charge a fee for taking a credit card, but we are free to offer cash/check discounts.
As an HVAC contractor, we only actually offer it on large ticket repairs, and on equipment replacements, because it is actually kind of a PITA for field technicians to deal with cash and checks.
In Michigan merchants especially gas stations have charged a fee for years. My employer charges a fee. My municipality charges a fee.
If they don't take cash, can't you just use the smash and grab line? This is ny, right?
@markbeiser wrote:
@Shooting-For-800 wrote:I thought it was against merchant agreements to charge cc fees to customer.
It is, but unless the state has laws against charging CC fees to customers, the threat to cut the merchant off is fairly empty anymore, as there are many CC proccessors available to merchants.
No, a lawsuit in 2013 allows merchants to charge, subject to restrictions imposed by the state. (Prior to that it wasn't allowed by the agreement). See Credit Card Surcharge Laws By State Explained | LawPay