Episode Details

Louisiana just cracked down on debit card fees with Act 751, which went into effect August 1st—now businesses can’t charge customers extra for using debit, though credit card fees still stand. Restaurant owner Tommy Cvitanovich of Drago’s is paying the price: his debit swipe fees now hit him with 1.75% plus 20 cents per transaction, forcing an $80K payment system upgrade to distinguish between card types. He’s frustrated merchants are bearing the brunt while banks stay untouched—and hopes the move will smooth operations long-term. If you spot odd fees, report them via the state Attorney General’s toll-free line.

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