Allows regulated businesses in Washington to charge credit card transaction fees, ensuring fairness and transparency.

The bill aims to modernize payment systems for regulated businesses in Washington by allowing them to charge credit card transaction fees, provided a no-cost payment option is always available. This change seeks to address economic inequities faced by registered tow truck operators and other regulated businesses, who currently cannot pass on credit card fees to consumers. The transaction fees are capped at three percent of the payment amount, aligning regulated businesses with practices already implemented by the state and unregulated industries.

Allows regulated businesses in Washington to charge credit card transaction fees, ensuring fairness and transparency.

The bill aims to modernize payment systems for regulated businesses in Washington by allowing them to charge credit card transaction fees, provided a no-cost payment option is always available. This change seeks to address economic inequities faced by registered tow truck operators and other regulated businesses, who currently cannot pass on credit card fees to consumers. The transaction fees are capped at three percent of the payment amount, aligning regulated businesses with practices already implemented by the state and unregulated industries.