End of the ‘rip-off’: all charges for paying by card to be banned

Britons could save hundreds of millions a year as credit and debit card fees added to payments for goods and services are axed from January

All extra charges added to payments for goods and services made by card are to be outlawed, ending a “rip-off” that costs Britons hundreds of millions of pounds a year, the government has announced.

Fees for paying with plastic – most commonly a credit card – are routinely levied on everything from low-cost flights and tax bills to cinema tickets and takeaway meals, but the Treasury announced that these would be consigned to history from January 2018.

Continue reading…

Read full original article »