Crackdown on the great credit card fees rip-off - UK
Air fares, train tickets, concerts and car insurance will soon be cheaper as the Government cracks down on excessive credit card surcharges.
The hidden levy on goods and services bought by credit and debit cards, which can add £8 to the price of a plane ticket or 75p to the cost of cinema admission, is a recurring complaint among consumers. As anyone who buys holidays or concert tickets online will know to their cost, the surcharge is often only loaded on to the purchase price after customers have clicked through a succession of web payment pages.
Today the Government will announce steps to tackle the practice of adding a last-minute levy far above the actual cost to the retailer of processing a card payment, which can be as little as 10p.
Ministers will promise to stamp out surcharges that are "opaque, misleading and prevent consumers getting a good deal" by the end of next year.
http://www.independent.co.uk/money/loans-credit/crackdown-on-the-great-credit-card-fees-ripoff-6280772.html
