Cryptocurrency Q&A
Is it legal to charge a 3% credit card fee?
Is it legal to charge a 3% credit card fee?
Elena
Wed Sep 04 2024
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7 answers
2087
I'm curious to know, is it legally permissible for businesses to impose a 3% credit card fee on customers? Are there any regulations or guidelines that govern the charging of such fees? I'm interested in understanding the legal implications and whether there are any potential risks associated with this practice. Could you please provide me with some insights and clarity on this matter?
7 answers
TeaCeremony
Fri Sep 06 2024
California's stance on credit card surcharges is set to undergo a significant change in the NEAR future.
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HanjiArtistryCraftsmanship
Fri Sep 06 2024
As of July 1, 2024, merchants in the state will no longer be permitted to levy additional fees on customers who choose to pay with credit cards.
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SkyWalkerEcho
Fri Sep 06 2024
This new regulation aims to promote fairness in payment methods and ensure that consumers are not penalized for using credit cards.
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ethan_harrison_chef
Fri Sep 06 2024
Previously, some merchants in California imposed surcharges on credit card transactions to offset the fees charged by card issuers.
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WhisperWind
Thu Sep 05 2024
However, this practice has been widely criticized as it unfairly disadvantages credit card users and can lead to confusion and mistrust in the payment process.
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