Pretty sure we all welcome the change in law earlier this month outlawing additional charges when paying for goods and services by debit or credit card. Airlines etc had been taking the Michael for years on this point.
But as ever there's another side.
Earlier this week I was waiting in payment queue at village store to pay for a few cans of beer. Chap ahead was topping up £20 each on his gas and electric card/key for prepayment meters. he paid, quite reasonably, with his debit card. Shop's owner took card but pointed out he was on verge of making these 'Pay Point' charges cash only. He gets fractions of a penny for processing these payments but has to pay for processing debit cards at say 13p per transaction so he's now loosing money where previously he couls have charged £1.50
Today I was on a work related course about managing fuel debt where we looked at disadvantages of pre-payment meters. So now, if you run out of credit unexpectedly, you've not only got to hope there's a shop open and get you're kids into push chair or car and go to it, you need cash as well.
Last edited by: VxFan on Sat 27 Jan 18 at 20:23
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