Governor Hochul Signed into Law in December 2023 for Greater Consumer Protections and More Transparency
Business Transactions Imposing a Credit Card Surcharge Must Post Total Price of Transactions, Including Surcharge, Prior To Sale
Governor Kathy Hochul today announced a new consumer protection law that will go into effect on February 11, 2024. This new law will amend and clarify New York’s existing credit card surcharge law. The NYS Division of Consumer Protection assists aggrieved consumers in the marketplace and the New York State Attorney General and local governments have the authority to enforce the credit card surcharge law. The New York State Department of State’s Division of Consumer Protection recommends that interested localities review for more information.
WATCH THIS EDUCATIONAL VIDEO FOR GUIDANCE ON HOW TO COMPLY WITH THE LAW: