Legal Question in Banking Law in California

Is there a California law, which requires banks to disclose to a merchant before a merchant opens a merchant account, what processing fees the bank will impose to the merchant to process credit card transactions?


Asked on 2/24/12, 1:20 pm

2 Answer from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Ask them. I wouldn't buy a loaf of bread unless I knew up front what it would cost.

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Answered on 2/24/12, 1:52 pm


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