Law

CASH DISCOUNTING/SURCHARGING
DUAL PRICING

Dallas Morning News wrote an article as part of their watchdog report about business charging fees to customers for using credit and debit cards. In their research, the journalist discovered a new regulation had passed. The regulation was not only at the state level but also at the federal level. The regulation allowed businesses to offer a discount for paying with cash, show two different prices, or add a fee to the sale total. The purpose behind this new regulation was to offset the fees charged to a business for accepting credit and debit cards as a form of payment. The 9 small businesses that banned together won the lawsuit, opening the opportunity for all businesses to offset the fees paid for accepting credit and debit cards.

Click -> Texas Attorney General Ken Paxton: June 16th, 2016 - Consumer Protection Opinion

Click - > State of Texas Lawsuit Filing: IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF TEXAS
AUSTIN DIVISION

Click -> Dallas Morning News: Texas law banning surcharges for credit card payments was overturned. Now you’ll pay more

 

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