South Carolina H4613 prohibits credit card payment processors from charging swipe fees on sales tax.

South Carolina H4613, the "Sales Tax Swipe Fee Fairness Act," prohibits credit card payment processors from charging swipe fees on the sales tax portion of retail transactions. The act mandates that point-of-sale systems automatically exclude sales tax from fee calculations. This law aims to ensure fairness in transaction fees for consumers and businesses.

South Carolina H4613 prohibits credit card payment processors from charging swipe fees on sales tax.

South Carolina H4613, the "Sales Tax Swipe Fee Fairness Act," prohibits credit card payment processors from charging swipe fees on the sales tax portion of retail transactions. The act mandates that point-of-sale systems automatically exclude sales tax from fee calculations. This law aims to ensure fairness in transaction fees for consumers and businesses.