Montana SB528 revises laws to allow credit card transaction fees up to 3% and mandates disclosure before transaction completion.

Montana SB528 revises laws related to credit card transaction fees by allowing landlords, property managers, merchants, vendors, creditors, or other parties to charge a fee not exceeding 3% of the transaction amount or as otherwise provided by contract. The bill mandates that any such fee must be clearly disclosed to the consumer before the transaction is completed. This legislation aims to provide clarity and protection for consumers regarding credit card transaction fees.

Montana SB528 revises laws to allow credit card transaction fees up to 3% and mandates disclosure before transaction completion.

Montana SB528 revises laws related to credit card transaction fees by allowing landlords, property managers, merchants, vendors, creditors, or other parties to charge a fee not exceeding 3% of the transaction amount or as otherwise provided by contract. The bill mandates that any such fee must be clearly disclosed to the consumer before the transaction is completed. This legislation aims to provide clarity and protection for consumers regarding credit card transaction fees.