Delaware SB89 amends credit card transaction laws to limit surcharges on credit card payments.
Delaware SB89 amends Title 6 of the Delaware Code to regulate credit card surcharges. It prohibits retailers and sellers from imposing surcharges greater than the credit card company's processing fee on transactions up to $1,500. For transactions exceeding $1,500, the bill defines "credit card" and "surcharge" but does not specify limits on surcharges. This change aims to protect consumers from excessive fees when using credit cards for purchases.
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