New York state businesses will be required to clearly disclose any credit card surcharges, under a new consumer protection law signed by Gov. Kathy Hochul.

The law will also limit credit card surcharges to the amount charged by the credit card company and will require businesses to post the total price of an item or service, including any applicable surcharges, before a customer reaches the register.

Businesses will also be required to provide a two-tiered pricing option, showing the credit card price and the cash price.

The law applies to credit card transactions, debit card transactions, and online transactions.

The New York State Division of Consumer Protection (DCP) hopes that the new law will increase transparency and help protect consumers from any hidden costs.

“New Yorkers using credit cards have a right to know the total cost of the purchase, inclusive of any surcharge, before they reach the register,” said New York State Secretary of State Robert J. Rodriguez. “This new law signed by Governor Hochul will offer clarity and provide transparency to both the consumer and business owners about the surcharges when using a credit card.”

The law is part of a wider effort by the DCP to protect consumers from unfair and deceptive practices. The DCP has extensive resources available to help consumers understand their rights and protect themselves from any potential issues.

If you have any questions about the new credit card surcharge law, you can contact the DCP online, file a complaint, or call the Consumer Assistance Helpline at 1-800-697-1220.