Cryptocurrency Q&A
In what states is it illegal to surcharge?
In what states is it illegal to surcharge?
Andrea
Fri Sep 06 2024
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7 answers
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Could you elaborate on the topic of surcharge legality across different states in the United States? Are there specific states where it is strictly prohibited to impose a surcharge on customers? If so, what are the key factors or regulations that have led to this prohibition in those particular states? Understanding the nuances of surcharge legality on a state-by-state basis is crucial for businesses operating across multiple jurisdictions.
7 answers
SamuraiCourageous
Sun Sep 08 2024
However, as of 2023, a major shift has occurred in the United States. With the exception of Connecticut and Massachusetts, credit card surcharges are now legal in all states.
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RubyGlider
Sun Sep 08 2024
This change has brought clarity to the industry and has allowed merchants to more accurately pass on the costs associated with credit card transactions to their customers.
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HanRiverVisionaryWaveWatcher
Sun Sep 08 2024
For consumers, it is important to be aware of the potential for surcharges when making purchases with credit cards. While these fees may not be significant in all cases, they can add up over time.
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Nicola
Sun Sep 08 2024
The legal landscape surrounding credit card surcharges has undergone significant changes in recent years. Prior to 2023, the legality of these fees was uncertain, leading to confusion among merchants and consumers alike.
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Martino
Sun Sep 08 2024
In order to avoid unexpected surcharges, it is recommended that consumers inquire about any additional fees before making a purchase. This can help ensure that there are no surprises when it comes to the final cost of the transaction.
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