In July 2021, Colorado passed a new law that jettisoned its ban on credit card surcharges. Starting from July this year, merchants will be able to add fees to lease and sale transactions if the customer uses a credit or charge card.
Contrary to popular opinion, though, the new law doesn’t create a free-for-all when it comes to surcharging. In most states, surcharging is permissible by default due to a lack of specific prohibitions. In Colorado, however, surcharging involves some very particular rules. Check out the full article below.