Re: FN-FORUM: Charging for payments

date posted 9th January 2006 14:21

I can't think of a single national retailer that charges individual
customers more for credit cards. What they do instead is build
credit card costs into their overall pricing.

Tesco, M&S etc are merely pointing out that some of your bill will go
to their credit card arm - it doesn't cost you extra.

It's not illegal to charge more for credit cards, but it's probably
not good business sense. My local chippy accepts credit cards, but
there's a 40p surcharge. Personally speaking I'd be outraged it
Tesco did this, but I don't mind a small business doing it.

Richard
-----------------------------------------------
http://www.richardquickdesign.com


On 9 Jan 2006, at 14:44, John Kyle wrote:

>
> I think in the case of Tesco it also says that they actually take
> this cost
> on their shoulders but I believe most do not do this.
>
> John
>
> ----- Original Message -----
> From: "Andy Macnaughton-Jones" [EMAIL REMOVED]
> To: [EMAIL REMOVED]
> Sent: Monday, January 09, 2006 2:36 PM
> Subject: FN-FORUM: Charging for payments
>
>
>
> Hi,
> I seem to remember from a while back that (not on the list in the
> news
> / press) that you can't charge somebody for using a credit card - or
> more exacly you can't charge somebody a different price for goods or
> services depending on how they're paying.
>
> Is that right ?
>
> I know if you look on a till recipt from say tesco that it says that
> 2.5% of the balance of the bill goes to the credit card company
> (b&stards - what the f**k do they do for their 2.5% ?!)
>
> Cheers
> Andy
>
>
>
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