CardX: New Jersey Surcharge Legislation Signed Into Law
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.
- 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.
- “I am proud to assist legislators in creating laws that align with industry standards and surcharging best practices,” said Razi.
- Like the New Jersey law, the Colorado bill also established disclosure requirements for surcharging.
- To learn more about CardX by Stax and how it supports surcharging that benefits businesses while prioritizing consumer protection, click here .