Georgia § 7-1-239-6 Convenience fees

Georgia Statutes

§ 7-1-239-6 — Convenience fees

A financial institution or mortgage lender, as such term is defined by Code Section 7-1-1000 , may charge a convenience fee provided that such fee is permissible in accordance with Code Section 13-1-15 . For purposes of this Code section, the term "convenience fee" means any additional amount imposed to a consumer at the time of a transaction for the election of making a payment by electronic means. A convenience fee may include, but is not limited to, any fee charged for payment to an account with the assistance of a live representative or agent of the financial institution or mortgage lender, by telephone, using a voice response unit, or other electronic means. A convenience fee does not include a discount offered by a lender or merchant to a person for payment by cash, check, or similar

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A financial institution or mortgage lender, as such term is defined by Code Section 7-1-1000 , may charge a convenience fee provided that such fee is permissible in accordance with Code Section 13-1-15 . For purposes of this Code section, the term "convenience fee" means any additional amount imposed to a consumer at the time of a transaction for the election of making a payment by electronic means. A convenience fee may include, but is not limited to, any fee charged for payment to an account with the assistance of a live representative or agent of the financial institution or mortgage lender, by telephone, using a voice response unit, or other electronic means. A convenience fee does not include a discount offered by a lender or merchant to a person for payment by cash, check, or similar means.

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