A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.


Businesses can charge extra for credit card payments

Source: Bob Egelko, San Francisco Chronicle

A California law prohibiting retailers from charging customers extra for using credit cards violates the businesses’ right to free speech, a federal appeals court ruled Wednesday.

The law, passed in 1985, doesn’t prohibit charging less to those who pay by cash or check, as long as the seller calls it a discount rather than a credit card surcharge. Such a description is preferred by credit card companies but opposed by retailers, who say the prospect of avoiding a surcharge is more attractive to customers than getting a discount, even if the price is the same.

Read Full Article: Businesses can charge extra for credit card payments

 
 
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

MoneyWise Modules

Managing Money Topics

Help Desk

Advocacy