GOVERNOR HOCHUL ANNOUNCES NEW LAW TO CLARIFY DISCLOSURE OF CREDIT CARD SURCHARGES GOES INTO EFFECT SUNDAY, FEBRUARY 11
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
To Assist Businesses, the Department of State has Created a Credit Card Surcharge Guide and Video to Help Businesses Comply with the Law
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 DCP’s Credit Card Surcharge Legal Update Letter for more information.
WATCH THIS EDUCATIONAL VIDEO FOR GUIDANCE ON HOW TO COMPLY WITH THE LAW:
About the NYS Department of State Division of Consumer Protection
The New York State Division of Consumer Protection provides resources and educational materials to consumers and voluntary mediation services between consumers and businesses.
The Consumer Assistance Helpline 1-800-697-1220 is available Monday to Friday from 8:30 am to 4:30 pm, excluding State Holidays, and consumer complaints can be filed at any time at www.dos.ny.gov/consumer-protection.
Follow the NYS Department of State Division of Consumer Protection on Facebook, Twitter, and Instagram for other consumer protection tips and consumer alerts.
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