Is Cash Discount Legal In New York. Cash discount programs are allowable, as they offer customers discounts. if you operate a small business in the state of new york, you may be wondering if you can do the same thing.
Biz Klinics LLC How to Implement a Legal and Compliant Cash Discount Program - image credit : bizklinics.com
A surcharge or higher fee for the use of a debit card is permitted but must be. Cash discount programs are allowable, as they offer customers discounts. The five states where using cash is mandatory are louisiana, tennessee, south carolina, new hampshire, and.
Biz Klinics LLC How to Implement a Legal and Compliant Cash Discount Program
new york is the latest city to pass a law banning businesses from refusing to accept cash. the cash discount should be clearly disclosed on the work order as exactly that: this means that food and retail establishments in new york city must ensure that they are able to accept cash payments from customers or face up to $1,000 fine for. Paying with a credit card added 4 percent to.
