New Louisiana law bans debit card surcharges

A new Louisiana law, Act 751, prohibits businesses from charging debit card surcharges effective August 1, requiring them to cover costs instead. Restaurant owner Tommy Cvitanovich accelerated a $80,000 point-of-sale system upgrade to comply with the law and avoid employee involvement in debit card enforcement. The law also establishes a 30-day refund window and a toll-free number for reporting erroneous fees.