New Jersey A1921 regulates credit card interchange fees to protect consumers and merchants.

New Jersey A1921 aims to regulate credit card interchange fees, commonly known as swipe fees, to protect consumers and merchants. The bill prohibits electronic payment systems from imposing certain requirements on merchants, such as restricting the display of pricing or offering discounts for using cash or other credit cards. It also prevents these systems from limiting merchants' choices in payment processing.

New Jersey A1921 regulates credit card interchange fees to protect consumers and merchants.

New Jersey A1921 aims to regulate credit card interchange fees, commonly known as swipe fees, to protect consumers and merchants. The bill prohibits electronic payment systems from imposing certain requirements on merchants, such as restricting the display of pricing or offering discounts for using cash or other credit cards. It also prevents these systems from limiting merchants' choices in payment processing.