New Jersey A4829 authorizes local governments to impose convenience fees for accepting electronic payments.
New Jersey A4829 amends the "Government Electronic Payment Acceptance Act" to authorize local governments to impose convenience fees of up to $3 for accepting electronic payments. The bill clarifies that local units must also provide traditional payment options, such as cash, check, or money order. This change aims to offset administrative expenses associated with electronic payment systems. The convenience fee applies to credit cards, debit cards, and electronic funds transfer systems, and it is subject to limitations by card issuers or associations. The bill takes effect immediately.
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