Credit Card Fee Relief

Posted by Warren Krech on March 26, 2013

You may see fewer problems with your plastic at the store soon. Retailers would be barred from charging consumers an extra fee for paying with a credit card under a bill being considered by a Missouri Senate committee.

The bill’s sponsor says it’s an important consumer protection as credit card usage grows. Retailers could be charged with a felony if they kept making you pay more with your Mastercard.

Opponents say businesses need to charge extra because it’s expensive to allow credit cards as a form of payment. The committee did not vote on the proposal on Monday.

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