No more payment surcharges

by | Jan 8, 2018 | Finance, News

Have you have been busy shopping for Christmas and found, just as you are about to pay, an additional % gets added at the checkout because you want to chose to put it on your credit card or pay some other way, then good news is coming on 13 January 2018. From this day you cannot be penalised for choosing to pay by card, either online or in-store.

Currently many people have had to pay anywhere between 2% and 20% for choosing a particular method of payment. So the amount you pay can be very varied and can end up costing the consumer a lot of money especially on things such as flights and holidays. However the new legislation does not stop retailers putting up the cost of the goods or service to cover the cost of the processing the payment or they may decide to no longer accept the particular form of payment. Trading Standards