SB2132

Oklahoma SB2132 increases the surcharge limit on credit card transactions to 3.5%.

Oklahoma SB2132 amends the state's credit card regulations to increase the surcharge limit on credit card transactions to 3.5%. The bill mandates that sellers provide clear and conspicuous notice of the surcharge at the point of entry, point of sale, and online transaction points. The surcharge cannot exceed 3.5% of the total transaction or the actual amount charged to process the credit card transaction, whichever is less. The act will become effective November 1, 2026.