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Credit Card Surcharge Guidance: A State-by-State Overview of Surcharging Laws

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However, before you start surcharging customers, you need to be aware of all the rules surrounding it. Apart from card networks setting their own rules and guidelines, states also have certain rules that merchants must abide by. The surcharge rate can never exceed 4% of the total credit card transaction (3% for Visa cards).

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New Facial Recognition Policy Signed Into Law In Washington State

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Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

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Legal Fees, New Reguation Costs Could Impact Apple's Bottom Line, Company Report Says

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In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Those could lead to changes in the company's practices or further legal proceedings, the report stated. The issue, according to the U.S.

Legal 94
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Are Debit Card Surcharges Legal? What Businesses Need to Know

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This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. TL;DR Card brands such as Visa and MasterCard along with state and federal laws prohibit debit card surcharging.

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First Court Date Set For SEC Lawsuit Against Ripple

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22, according to legal documents filed in the U.S. Legal counsel for those named in the suit — Ripple Labs, CEO Bradley Garlinghouse and Executive Chairman and Co-founder Christian Larsen — were called to appear in an online pretrial conference with Judge Analisa Torres. . There are clear rules of the road for using XRP in the U.K.,

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US Treasury Tells Banks To Treat Hemp Businesses Like Any Other

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In updated rules from the Financial Crimes Enforcement Network ( FinCEN ), the U.S. It’s intended to “enhance the availability of financial services and the financial transparency of hemp-related businesses in compliance with federal law,” the notice said.

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What You Should Know About Visa Surcharge Rules in 2024: A Guide for Merchants

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However, card brand rules and state and federal laws have been established to prevent merchants from abusing this privilege. In this article, we’ll explore Visa’s rules around credit card surcharging and what merchants need to know about them. Per the latest reports, Visa wants to enforce its surcharging rules more seriously.

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