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Credit Card Charges to be Scrapped
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Author:  Lex [ Wed Jul 19, 2017 5:35 pm ]
Post subject:  Credit Card Charges to be Scrapped

A bit of good news,but business will find a way round it: http://www.bbc.co.uk/news/business-40648641

Author:  rebbonk [ Wed Jul 19, 2017 7:00 pm ]
Post subject: 

This used to be incredibly common with petrol sales in the late 60s, early 70s. I believe it was made illegal, which begs the question as to why it wasn't stopped for other purchases.

I do genuinely feel sorry for small retailers in this case though. All too often the fees that they have to pay wipe out their profits on a sale. - I was once talking to a publican who had just returned all his card purchase system because he simply couldn't afford it. Sadly, by not being able to accept cards, he lost further trade.

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