Jonathan Razi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ORLANDO, Fla., August 22, 2023--New Jersey Governor Phil Murphy announced Friday that he signed Assembly Bill 4284 into law, which prohibits New Jersey merchants from imposing a credit card surcharge that exceeds the payment processing cost, and requires merchants to clearly disclose the surcharge. The bill took effect immediately upon signing. Jonathan Razi, founder of leading surcharging compliance platform CardX, a Stax company, engaged with New Jersey legislators to advocate for a bill that

CEO Ryan McInerney: “We don’t feel great that consumers get surcharged.” 

About 23% of small businesses charge an extra fee to customers using credit cards

(Bloomberg) -- The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USIn recent months, Visa Inc. lower

The card network's ambition to add services has led it to work alongside companies like JPMorgan Chase, Jack Henry & Associates and Stax.