Often added right at the end of a transaction,
excessive “Payment Surcharges” for using certain payment methods are
banned from 6th April 2013.
The Consumer Protection (Payment Surcharges) Regulations 2012 prohibit traders from charging consumers more than the costs they face for accepting a given type of payment, whether the transaction is concluded face to face, by telephone, or online. So although a surcharge is still permitted if the trader itself must pay that cost, an “excessive” one is not.
The Consumer Protection (Payment Surcharges) Regulations 2012 prohibit traders from charging consumers more than the costs they face for accepting a given type of payment, whether the transaction is concluded face to face, by telephone, or online. So although a surcharge is still permitted if the trader itself must pay that cost, an “excessive” one is not.
