Bill > SB89

This bill amends Delaware's laws regarding credit card transactions by establishing new rules for credit card surcharges. Specifically, the bill defines key terms like "credit card" and "surcharge" and sets limitations on how businesses can handle credit card payments. For transactions of $1,500 or less, sellers who regularly accept credit cards can only impose a surcharge equal to the credit card processing fee, preventing them from adding extra charges beyond the actual cost to the business. For transactions exceeding $1,500, sellers are prohibited from either refusing to accept credit card payments or imposing any additional surcharges. This legislation aims to protect consumers by preventing businesses from adding excessive fees for credit card transactions and ensuring that credit cards remain a viable payment option for larger purchases. The bill creates a new subchapter in Delaware's legal code specifically dedicated to regulating credit card surcharges, providing clear guidelines for businesses and consumers alike.

Business and Industry, Government Affairs

https://legis.delaware.gov/BillDetail?LegislationId=142049