Surcharges for card payments to be banned

Sat 18 November, 2017

Card charging in Britain is coming to an end as the government has announced that from 13th January next year, surcharges on customers who pay with credit or debit cards will be scrapped. The UK legislation will ban surcharges on Visa, Mastercard, American Express and the likes of PayPal purchases.

Stephen Barclay, the Economic Secretary to the Treasury, said: "Rip-off charges have no place in a modern Britain and that’s why card charging in Britain is about to come to an end. This is about fairness and transparency, and so from next year there will be no more nasty surprises for people at the check-out just for using a card. These small charges can really add up and this change will mean shoppers across the country have that bit of extra cash to spend on the things that matter to them."

What does this mean for you?

From 13th January 2018 you will not be allowed to apply additional charges to those guests who choose to pay by debit or credit card. In 2010, the total value of surcharges for debit and credit cards was an estimated £473 million.

You will need to decide what actions you are going to take once the card surcharges are banned. Will you increase your booking fee or increase your prices generally across the board. Or will you absorb the fees? The New Year is fast approaching so if you need further advice on how CampManager can assist with this change contact us.


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