LIEB BLOG

Legal Analysts

Showing posts with label ny business. Show all posts
Showing posts with label ny business. Show all posts

Friday, February 09, 2024

09 Feb

NEW LAW FOR NYS BUSINESSES: Adapting to New Credit Card Surcharge Regulations

Effective February 11, 2024, a new amendment to General Business Law Section 518 introduces significant changes for businesses regarding credit card surcharges. The key takeaway is that businesses can no longer add credit card processing fees as a separate charge for non-cash payments, even if disclosed. Instead,...