ISSUE: Should Florida ban surcharges on debit card transactions.
DISCUSSION: For many years, Florida has banned surcharges on credit card transactions, but not on debit cards. Consequently, retailers can pass along bank fees on debit card transactions to the customer if necessary, and the ability to surcharge allows retailers to negotiate with credit card companies on their fees. In the 2010 Legislative Session, an effort was made to ban surcharges on debit card transactions. Federation members and the FRF lobbying team fought hard to defeat the ban and were ultimately successful. While no legislation involving debit card surcharges surfaced during the 2011 or 2012 Legislative Sessions, the Federation needs to be vigilant and prepared to again fight any such legislation in the upcoming session.
POSITION: The Florida Retail Federation opposes any effort to statutorily mandate a ban on debit card surcharges.