Mississippi HB1095 establishes the Fair Payment Protection Act to prohibit surcharges on credit and debit card transactions.
Mississippi HB1095, known as the Fair Payment Protection Act, prohibits businesses from imposing surcharges or service charges on consumers who choose to pay with a credit or debit card. The act classifies such practices as unfair or deceptive trade practices. It also mandates that businesses must offer discounts to buyers based on their payment method, provided they clearly disclose such discounts.
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- Legal Framework
- Critical Issues
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