This bill amends current New Jersey law to prohibit sellers from imposing credit card surcharges on customers for transactions occurring within the state. Previously, sellers were allowed to charge a surcharge as long as it did not exceed the actual cost incurred by the seller for processing the credit card payment. The new legislation eliminates this allowance, ensuring that customers will not face additional fees when using credit cards for their purchases.

Additionally, the bill introduces specific notice requirements for sellers who set a minimum transaction amount for credit card acceptance or who offer discounts for payments made by cash, check, or debit card. Sellers must provide clear and conspicuous notice of these conditions at the point of entry and point of sale, or through electronic means for online transactions. However, the bill explicitly states that these provisions do not apply to motor fuel retail dealers, who may still have different pricing structures based on payment methods. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 56:8-156.1, 56:8-156.2