Friday, October 4, 2013

Federal judge strikes down New York law banning credit card surcharges

[JURIST] A judge for the US District Court for the Southern District of New York [official website] on Thursday struck down [opinion, PDF] a state law that criminalizes retailers for imposing surcharges on customers who pay by credit card. Under Section 518 [text], a retailer may give a "discount" to customers paying with cash but cannot tell customers that a surcharge will be added to credit card purchases. The court held that this "virtually incomprehensible distinction between what a vendor...

Source: http://jurist.org/paperchase/2013/10/federal-court-strikes-down-ny-law-banning-credit-card-surcharges.php

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