MarketLine Blog

Posts tagged to Debit Card

UK Government to Swipe Charges from Merchants

  Swipe charges have long been the subject of heated debate, with many consumers in the UK voicing their anger at what they deem to be excessive stealth charges. As a result, the UK government, via the Office of Fair Trading, (OFT) launched an investigation into the charges levied by merchants when customers pay by either credit or debit card. Last December, the OFT announced plans to stop retailers imposing excessive or surprise surcharges and this week, the government announced plans to push ahead with the plan. The proposals will… Read more