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charges for debit card must reflect real cost

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  • charges for debit card must reflect real cost

    I was Half listening to R$ last Week of poss week before and one of the consumer programmes the regulator stated taht the only permissable charge for a payment by card to a phone company was that made to the merhant by the bank . I have two questions ,
    1 did aneone else hear the article, two if this applies to mobile phone contracts does it alsoo apply to other people who take card payments and charge?
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  • #2
    Re: charges for debit card must reflect real cost

    When I had an internet business it cost 40p per transaction we got via a debit card and 2.38% plus 10p per transaction on a credit card we had a turnover of less than 200k that was up until mid 2009.

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