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CardX: New Jersey Surcharge Legislation Signed Into Law

ORLANDO, Fla., August 22, 2023 New Jersey Governor Phil Murphy announced Friday that he signed Assembly Bill 4284 into law, which prohibits New Jersey merchants from imposing a credit card surcharge that exceeds the payment processing cost, and requires merchants to clearly disclose the surcharge. The bill took effect immediately upon signing. Jonathan Razi, founder of leading surcharging compliance platform CardX, a Stax company, engaged with New Jersey legislators to advocate for a bill that

Bodegas put on notice as Visa fights back on card surcharges

Visa cracks down on credit card surcharges at delis, bodegas

CEO Ryan McInerney: “We don’t feel great that consumers get surcharged.” 

Visa warns merchants against charging extra fees when using cards

About 23% of small businesses charge an extra fee to customers using credit cards

Bodegas Put on Notice as Visa Fights Back on Card Surcharges

(Bloomberg) The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USIn recent months, Visa Inc. lower