Concerns credit card interchange fees and consumer protection.

Summary

The bill stops electronic payment systems like Visa and MasterCard from imposing contract terms that restrict how merchants display prices, offer cash or debit discounts, set minimum or maximum credit‑card purchase amounts, or choose which network processes a sale. It applies to merchants in New Jersey and aims to lower hidden costs that are passed to consumers through higher prices.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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