Arizona payments and fintech laws

What it would do: Prohibits payment card networks and covered entities from requiring or assigning merchant category codes that distinguish firearm retailers from other retailers. Authorizes the attorney general or county attorney to enforce violations through injunctions and civil penalties up to $1,000 per violation.

What it would do: Requires retail businesses with physical locations in Arizona to accept cash for transactions of $100 or less without charging fees, and creates a private cause of action with damages of $1,000 per violation up to $5,000 per person total, plus attorney fees.

What it would do: Limits credit card companies doing business in Arizona to charging no more than 15 percent interest on purchases and no more than $10 in late fees, and prohibits credit card merchants from adding surcharges to credit card charges.

What it would do: Creates a licensing requirement for earned wage access providers beginning January 1, 2027, establishing application procedures, a $50,000 surety bond requirement, and operational restrictions including fee caps of $5 for advances up to $75 or $7.50 for larger amounts, prohibitions on credit checks and collection actions, and mandatory annual reporting.

What it would do: Requires retail businesses with physical locations in Arizona to accept cash for transactions of $100 or less without charging fees, and creates a private cause of action with damages of $1,000 per violation up to $5,000 per person total, plus attorney fees.

What it would do: Prohibits payment card networks from establishing interchange fees that include taxes for covered issuers with over $50 billion in assets, requires disclosure of fee changes 90 days in advance, limits charitable contribution interchange fees to 0.2-0.3%, and imposes penalties up to $1,000 per transaction for violations.

What it would do: Requires cryptocurrency kiosk operators to obtain a license from the Department of Insurance and Financial Institutions by January 1, 2027, and establishes operational requirements including identity verification, transaction limits of $2,000 per customer per 24 hours, surveillance recording, and fraud reporting obligations, with civil penalties up to $100,000 and criminal penalties for violations.

What it would do: Prohibits issuers, payment card networks, acquirer banks, and processors from charging interchange fees on tax amounts of electronic payment transactions when merchants identify the tax during authorization or settlement, and imposes a $1,000 civil penalty per transaction for violations.

What it would do: Creates a licensing requirement for earned wage access providers beginning January 1, 2026, establishing application procedures, a $50,000 surety bond requirement, and operational restrictions including fee caps of $5 for advances up to $75 or $7.50 for larger amounts, prohibitions on credit checks and late fees, and mandatory annual reporting.