Clampdown on debit and credit cards going ahead

[dipsydoodle]

The government is going ahead with its plan to ban retailers from imposing excessive or surprise charges on people who pay by debit or credit card.

The plan was first announced last December following a recommendation from the Office of Fair Trading (OFT).

Airlines, theatres and other retailers will have to make sure their card charges are clearly displayed upfront.

The government will also limit the size of the charges, so retailers and traders cannot make a profit from them.

http://www.bbc.co.uk/news/business-19438820

[annabanana]

1. So retailers and traders eat it, and the BANKS keep it all.

While I'm glad it doesn't come out of MY pocket, I'd be happier if the outfits that post the most obscene profits in the world got stuck for it instead of the next lowest on the rung.