New Jersey A4807 prohibits credit card surcharges and sets notice requirements for credit card minimums and cash discounts.

New Jersey A4807 prohibits sellers from charging credit card surcharges that exceed the actual cost to process the payment. It mandates that sellers provide clear and conspicuous notice for credit card minimums and cash discounts. For sellers other than restaurants, this notice must be posted at the point of entry and point of sale. Restaurants must display the notice in the customer service area and on the menu. The bill also requires sellers to provide verbal notice before processing credit card payments over the telephone. This act takes effect immediately.

New Jersey A4807 prohibits credit card surcharges and sets notice requirements for credit card minimums and cash discounts.

New Jersey A4807 prohibits sellers from charging credit card surcharges that exceed the actual cost to process the payment. It mandates that sellers provide clear and conspicuous notice for credit card minimums and cash discounts. For sellers other than restaurants, this notice must be posted at the point of entry and point of sale. Restaurants must display the notice in the customer service area and on the menu. The bill also requires sellers to provide verbal notice before processing credit card payments over the telephone. This act takes effect immediately.