Take Action
Tell your state’s leaders Pennsylvania cannot afford the credit card chaos this experimental bill will cause. Small businesses cannot afford the new costs and cardholders will not tolerate the loss of convenience and privacy these new changes will bring – just so corporate mega-stores and nationwide convenience chains can pocket more money. The current credit and debit card processing system works and provides a valuable services by facilitating efficient purchases, universal acceptance and state-of-the-art protections against fraud and personal identity theft.
Contact Your State Lawmaker NowAvoid Credit Card Chaos
This new change would bring about credit card chaos for both consumers and small businesses, here’s why:
Private information about what consumers are purchasing will be required to be shared, eliminating the privacy protections that exist today.
Under the new law, consumers could be forced to pay sales tax in cash or check. Purchases will require two transactions – one for the goods or services and another for taxes and tip. As retailers look to eliminate the hassle of multiple transactions or filing for monthly refunds, some may be forced to require that tax be paid in cash. Customers who have grown accustomed to shopping with only their phone or a single card will also need to start carrying cash.
Smaller merchants will bear the cost burden of complying with the new law, whether through new technology to separate or itemize transactions or time spent every month gathering paperwork to request a refund for interchange. This requires time most small businesses don’t have and is prohibitively complex for retailers selling products with varying tax rates.
Vendors selling online could decide that doing business in the state is not worth the hassle and expense of complying with this radical change to commerce.
Resources
Our Local Pennsylvania Partners
Paid for by the Electronic Payments Coalition www.electronicpaymentscoalition.org 1747 Pennsylvania Ave. Washington, DC 20006