Oklahoma credit card users could face higher costs after the state Senate approved Senate Bill 2132 on Thursday, increasing the cap on credit card surcharges businesses can impose. The bill, authored by Senator Spencer Kern, R-Duncan, would raise the maximum surcharge from 2% to 3% of the purchase price.
Proponents of the measure argue it will facilitate businesses offset the fees charged by credit card companies. James Leewright, president and CEO of the Oklahoma Restaurant Association, stated that restaurants typically operate on profit margins of 3% to 5%, although simultaneously incurring substantial transaction fees from credit card providers. He indicated the Oklahoma Restaurant Association supports the increase to the surcharge cap.
“Most want to use credit cards for transactions and the credit card companies are charging enormous fees to be able to make that transaction happen. They don’t have any competition,” Leewright said, highlighting the lack of alternatives for businesses and consumers.
Credit card transaction fees represent the third-highest cost for restaurants in Oklahoma, trailing only labor and food expenses, according to Leewright. The bill aims to allow businesses to recoup some of these costs by passing a larger portion of the fees onto customers who choose to use credit cards.
However, not all lawmakers support the change. Senator Shane Jett, R-Shawnee, voted against the bill, expressing concern about the impact on his constituents. “The last time I checked, I represent credit card holders,” Jett said. “They are constituents.” He voiced opposition to adding extra fees for consumers.
Senator Kern could not be reached for immediate comment following the Senate vote. The Oklahoma State Chamber, Tulsa Regional Chamber, and Oklahoma City and Greater Oklahoma City Chamber have not yet publicly stated their positions on Senate Bill 2132.
The bill now moves forward in the legislative process. As of Saturday, February 21, 2026, it is unclear when or if the bill will be taken up by the House.
