Say Goodbye to that Additional 3% Credit Charge – New York Updates Credit Card Surcharge Law

February 20, 2024

Client Alerts

Consumers have seen a recent and vexing trend of additional credit card charges at restaurants and stores. And, business owners are understandably confused when it comes to whether they can charge a credit card fee and how to notify consumers about such fees.

A new consumer protection law (NYS GBS § 518) went into effect on February 11, 2024 to address this credit card surcharge phenomenon. This new law amends and clarifies New York’s existing credit card surcharge law and aims to provide greater transparency and protections for consumers.

Click here to read the full MSS Client Alert.

Please contact an attorney in MSS’s Employment Group if you need assistance with respect to this information.