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Evil EU strikes again

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    Evil EU strikes again

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

    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.

    The government said the move, which builds on an EU directive, would mean “shoppers across the country have that bit of extra cash to spend on the things that matter to them”. However, some commentators said they expected that many companies would simply hike their prices to compensate for the loss of this money, or change the name of the fee.

    The fees have been a moneyspinner for some government departments and official bodies, and they will also be banned from imposing these charges. The Driver and Vehicle Licensing Agency currently adds a flat fee of £2.50 to vehicle tax payments by credit card, and its own data has previously suggested that it collects more than £8.5m a year in these charges.

    Similarly, HM Revenue & Customs charges a fee for paying a tax bill by credit card, which ranges from 0.374% to 2.406%, depending on whether it is a personal or corporate card – but, like the DVLA, it will no longer be able to do this from 13 January.

    The practice, known as surcharging, is common practice across the country, said the Treasury, with many businesses and organisations charging people to make card payments, or for using other services such as PayPal. Many industries had already acted to absorb the cost and not pass these on to consumers, but these rules would bring an end to the practice entirely, added a spokesman.

    https://www.theguardian.com/money/20...ghts-tax-bills

    Now the real scandal is that those credit card companies are charging merchants crazy %-tage: and it's going up. Amex charges close to 4% now gross, does not matter if you had VAT added to price, they will take their cut of that too.

    #2
    So UK customers shall enjoy 15 months free of charges before some Tory argues against the shortsighted EU move before their reinstatement? No doubt helping their buddies in the city. Brexit.. The gift that keeps on giving.

    What's the bet Vodafone will introduce roaming charges for travel in the EU once the UK has left?
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      #3
      the fees will just be built in to the price of the products

      the EU et al want a cashless society, this is a step in that direction to create more acceptance of card payments over cash payments

      Milan.

      Comment


        #4
        This is fake news, because the UK law is going to be different to the EU memoranda and will include things that the EU don't want to include. Since 1972 the UK has only ever been allowed to have laws that were dictated from the EU, nothing different. We don't have any sovereignty over our laws.
        Fake news
        …Maybe we ain’t that young anymore

        Comment


          #5
          Originally posted by scooterscot View Post
          What's the bet Vodafone will introduce roaming charges for travel in the EU once the UK has left?
          It's dead cert

          Comment


            #6
            Originally posted by scooterscot View Post
            So UK customers shall enjoy 15 months free of charges before some Tory argues against the shortsighted EU move before their reinstatement? No doubt helping their buddies in the city. Brexit.. The gift that keeps on giving.

            What's the bet Vodafone will introduce roaming charges for travel in the EU once the UK has left?
            Shall be Vodafone decision and it depends on other operators decisions in the UK.

            Comment


              #7
              Originally posted by WTFH View Post
              This is fake news, because the UK law is going to be different to the EU memoranda and will include things that the EU don't want to include. Since 1972 the UK has only ever been allowed to have laws that were dictated from the EU, nothing different. We don't have any sovereignty over our laws.
              Fake news
              That's not really true is it ? Does that make it fake fake news ?

              Read This
              Last edited by radish2008; 19 July 2017, 15:45.

              Comment


                #8
                Originally posted by scooterscot View Post
                So UK customers shall enjoy 15 months free of charges before some Tory argues against the shortsighted EU move before their reinstatement? No doubt helping their buddies in the city. Brexit.. The gift that keeps on giving.

                What's the bet Vodafone will introduce roaming charges for travel in the EU once the UK has left?
                Who knows, but since most EU legislation is being converted into UK law, and it would be somewhat unpopular to reintroduce surcharges, it's fairly likely we've seen the the last of them. And anyway, the charges will simply be converted into price rises, so everyone who chooses to use a debit card for such things will be worse off. Another example of the EU solving a problem which never really existed. If only they put the same effort into solving the problems which do exist.
                His heart is in the right place - shame we can't say the same about his brain...

                Comment


                  #9
                  Originally posted by AtW View Post
                  It's dead cert
                  No, it isn't. They have millions of customers, and if they want to keep them they'd do well to listen to them. Nobody will want to be the first network to reintroduce roaming charges. How many customers do you think they'd lose?
                  His heart is in the right place - shame we can't say the same about his brain...

                  Comment


                    #10
                    Originally posted by radish2008 View Post
                    That's not really true is it ? Does that make it fake fake news ?

                    Read This
                    Spotting sarcasm isn't one of your life skills, is it?
                    …Maybe we ain’t that young anymore

                    Comment

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