NJ A1921

Prohibits electronic payment systems like Visa and MasterCard from imposing contract requirements on merchants regarding how they display pricing for goods and services.

Allows merchants to offer customer discounts or incentives for using cash, debit cards, or credit cards from competing payment networks.

Permits merchants to set minimum credit card transaction amounts (as low as $10) or maximum amounts, and to accept a payment system's cards at some store locations but not others.

Requires electronic payment systems to allow merchants to choose which network processes their credit card transactions, preventing networks from limiting processing to only one or affiliated systems.

Violations constitute unlawful practices under New Jersey's consumer fraud act, with penalties up to $10,000 for first offenses and $20,000 for subsequent offenses, plus mandatory reimbursement to merchants for all fees and fines collected during the violation period.