Rip-off card charges to be outlawed from January 2018
24 July 2017
The government is unveiling new rules that will mean card-charging in Britain - where people can be charged 20% extra for purchases like a flight just for paying with a credit card - will come to an end from 13 January 2018.
‘Surcharging’ is common practice across the country - with businesses ranging from takeaway apps to global airlines charging people to make card payments or for other services such as PayPal. While many industries have acted to absorb the cost and not pass these on to consumers, these rules will bring an end to the practice entirely.
The rules will also tackle surcharging by local councils and government agencies.
In 2010, the total value of surcharges for debit and credit cards was an estimated £473 million.
You can read the consultation outcome, ‘Implementation of the revised EU Payment Services Directive (PSDII)’