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Credit Card Surcharging in the B2B World Following 2017/2018
The U.S. Supreme Court (SCOTUS) decisions left the Anti-Surcharge rules in New York and Florida to be unconstitutional and Texas to be constitutional but that is not the end of the story. SCOTUS sent the cases back to the lower court for further clarification. Texas has changed at least one of its laws following the SCOTUS decision and litigation is still ongoing in Texas and New York. Following the SCOTUS decisions, the 9th Circuit Court of Appeals ruled in favor of the merchant stating that the California statute does violate the First Amendment right to free speech BUT only as to this merchant and these circumstances. Most recently SCOTUS again ruled regarding credit card issues. It sided with American Express and upheld its anti-steering policies. Where does this leave the trade credit grantor who wants to start passing through its credit card surcharges and wants to steer cardholders toward a particular kind of credit card? Wanda Borges will discuss these legal issues. In addition, Matt Fluegge will update you on current credit card network surcharge rules and how merchants can implement surcharging and reduce their card acceptance costs. Both speakers will guide you through how best to remain compliant with the card network’s surcharge rules and the laws.
8/22/2018 3:00 PM - 8/22/2018 4:00 PM
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