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It’s 2% or actual cost for credit cards. Under subparagraph f)A seller or lessor shall not impose a surcharge if a customer elects to pay for goods or services
by cmurf 9d ago
It’s 2% or actual cost for credit cards.
Under subparagraph f)A seller or lessor shall not impose a surcharge if a customer elects to pay for goods or services by Check, cash, debit card, processing as a debit payment, or gift card.
eCheck is considered a check.
https://colorado.public.law/statutes/crs_5-2-212 https://colorado.public.law/statutes/crs_5-2-212
- lxgr 9d agoWhat even is an “eCheck”? I keep hearing that word but haven’t found a sane definition. Is it just a weird term for an ACH debit transfer?
- projektfu 9d agoSometimes it is a synonym for ACH, but it could be processed more literally as a check, with a check image and everything, and something like "Pre-Authorized Payment" written on the signature line. Usually they also let you specify the check number, if you wanted to have it follow your own sequence. Amazon Business was doing this with invoice payments up until January of this year.