Consumer Payment Card News

Check-Out Fees

A new study has determined that 62% of American adults would abandon their purchase if charged a check-out fee for using a debit or credit card. Eighty-two percent of those who reported being surcharged were charged check-out fees in the past year. And, 62% percent of those who have been surcharged said getting hit with the fee gave them a negative impression of the retailer. The survey was conducted by the Americans for Consumer Education and Competition. ACEC says less than 20 states have laws that ban merchants from charging consumers check out fees when they pay with a credit or debit card.

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