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Credit And Debit Card Surcharges To Be Banned


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#1 Alantoon

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Posted 13 January 2018 - 03:37 AM

Charging extra to anyone using a credit or debit card will be banned in the UK from Saturday, 13 January.

Just wondering how this affects the payment of the club fees by Paypal? 



#2 DanE

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Posted 13 January 2018 - 05:23 AM

With my blurred tired eyes at 5.00am I read that as superchargers getting banned

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#3 CMA

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Posted 13 January 2018 - 09:40 AM

http://www.bbc.co.uk...siness-42655716

This link says:

As part of the same legislation, surcharges for payments made by credit card, debit card, or other payment systems such as PayPal will be banned.

One for the committee...

#4 unclechief

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Posted 13 January 2018 - 10:44 AM

Will raise it and get general thoughts and feed back
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#5 florin metal works

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Posted 13 January 2018 - 10:54 AM

Have just read this on the news web --- think its another way of hiding charges/costs.   No mention of the banks being prevented from charging business account users a transaction fee for the retailer to accept plastic. which from past dealings when we had our shop will be higher for the small guy ( 2 to 5 % of total inc Vat ) & a fraction of 1% for the multi-nationals.

 

The bank fees will have to be rolled in to the price charged by the retailer somewhere along the line so the cost will be hidden.

 

For the clubs use of paypal --- are we paying a fee on top of the subscription for their service --- i.e -- electronic transfer of money regardless of plastic used ( can't pay Paypal by cash or cheque can we?? )

 

 

Keith posted above while I was slowly typing ------------------


Edited by florin metal works, 13 January 2018 - 10:56 AM.


#6 alfaGTA

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Posted 13 January 2018 - 11:22 AM

As suggested above, "surcharges" will be incorporated into the total price by all parties - it is after all a business expense.

 

However, Handling fees have not yet been banned to my knowledge?


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#7 CMA

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Posted 13 January 2018 - 11:47 AM

 
However, Handling fees have not yet been banned to my knowledge?


Just Eat were in the news as they have stopped charging 50p for card transactions and now charging everyone a 50p service charge irrelevant of the way they pay.... Nice dodge

#8 David S

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Posted 13 January 2018 - 12:21 PM

As mentioned already, the price will just be included in a different way, possibly by a small price increase on goods.  This then affects anyone paying by cash and cheque as well.

 

On BBC news this morning, one commentator said that it the business gets hit whichever way you pay, but it may actually be cheaper to only accept cards than the extra cost of banking cash.  She mentioned a few businesses in London already only accepting card payments and no cash to save on the extra hassle.



#9 Mrbarry

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Posted 13 January 2018 - 02:31 PM

The government want cash to be scrapped. Electronic payment only via card or transfer. Cash payments are a good way to dodge tax, sell stolen goods or hide movement of funds. They want to screw us for every last penny, and they will.

#10 emptyat

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Posted 13 January 2018 - 03:15 PM

So can we presume that the £2.50 charge for paying road tax online by credit card will also go?

 

Malcolm



#11 CMA

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Posted 13 January 2018 - 03:34 PM

So can we presume that the £2.50 charge for paying road tax online by credit card will also go?
 
Malcolm


You may find they refuse to take credit cards anymore. HMRC are for payment of tax apparently.