Bill > S194

This bill modifies existing Massachusetts law regarding credit card surcharges by establishing two key provisions for sellers in the commonwealth: First, sellers are prohibited from imposing a credit card transaction surcharge that exceeds the actual cost of processing the credit card payment, ensuring that fees are not artificially inflated. Second, sellers must provide clear and transparent disclosure of any surcharge before a customer completes a transaction, with specific notification requirements depending on the type of transaction - for in-person sales, this means posting a visible sign at the point of sale, for restaurants displaying the surcharge on signs in the customer service area and on menus, for online transactions showing electronic notice on the checkout page, and for telephone transactions providing verbal notice prior to processing the payment. The legislation aims to protect consumers by limiting excessive credit card processing fees and ensuring they are fully informed about any additional charges before completing a purchase.

Labor and Employment

https://malegislature.gov/Bills/194/S194