( ) -q-28- UNDATED (Correspondent Jeremy House) “in surprise surcharges.’” New York state wants to put some teeth into credit card transactions. [CutID: <Cuts> NY-BIZ-CREDIT-CARDS-house-q-TUEam.mp3 Time: 28s Title: NY-BIZ-CREDIT-CARDS-house-q-TUEam Out-cue: in surprise surcharges] TAG: Correspondent Jeremy House reporting. ———————————– VERBATIM: Businesses in New York will now be required to clearly post how much extra their […]
Audio
New York cracks down on business’ handling of credit card transactions
( ) -q-28- UNDATED (Correspondent Jeremy House) “in surprise surcharges.'”
New York state wants to put some teeth into credit card transactions.
[CutID: <Cuts> NY-BIZ-CREDIT-CARDS-house-q-TUEam.mp3
Time: 28s
Title: NY-BIZ-CREDIT-CARDS-house-q-TUEam
Out-cue: in surprise surcharges]
TAG: Correspondent Jeremy House reporting.
———————————–
VERBATIM: Businesses in New York will now be required to clearly post how much extra their products will cost if customers pay with a credit car. A new state law means stores can no longer post a sign on a door and at the register stating that credit card purchases will be subject to surcharges. Gov. Kathy Hochul said in a statement the law “will ensure individuals can trust that their purchases will not result in surprise surcharges.”