Restaurants press for ban on fees applied to tax and tips; payments industry warns of legal and technical risks Restaurant owners and associations urged the committee to prohibit interchange fees on the tax and gratuity portion of card transactions (S6‑88 / H12‑59), saying fees have become a significant expense. Payments networks and banks warned the committee the change could be complex, invite federal preemption litigation and disproportionately affect in‑

Massachusetts restaurants are fighting for a game-changing bill that could save them over $64 million annually by eliminating interchange fees on taxes and tips!

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#MA #CitizenPortal #PaymentFairness #EconomicRelief

Puerto Rico consumer agency backs ban on minimum card‑purchase amounts; retailers and regulators express concern At an Oct. 15 hearing, the Department of Consumer Affairs backed PC 672, a bill to prohibit merchants from imposing minimum purchase amounts for card transactions. Retail representatives said the ban would harm small businesses; the Office of the Commissioner of Financial Institutions urged alignment with federal rules that allow a $10 credit-card

A proposed bill in Puerto Rico aims to eliminate minimum purchase amounts for card transactions, sparking a heated debate between consumer advocates and small business owners.

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#US #CitizenPortal #PaymentFairness #PuertoRicoConsumerAffairs #ConsumerProtection

Virgin Islands committee reviews bill to ban credit card surcharges and allow cash discounts The Senate committee discusses bill 36-0019, addressing credit card surcharges and cash discounts.

A groundbreaking bill in the Virgin Islands could reshape how we pay, prohibiting credit card surcharges while introducing cash discounts—will it protect consumers or push prices higher?

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#US #LegislativeTransparency #CitizenPortal #VirginIslandsEconomy #PaymentFairness