The ban proposed by the UK government to end surcharges on the payments made through credit and debit cards is set to be effective from 13 January 2018.
After the rule becomes effective, UK customers will not be required to pay any rip off fees for paying by card either in-store or online within the country.
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The ban is applicable across all brands or channels such as Visa, Mastercard, American Express, Paypal, Apple Pay and Android Pay, and at all types of organisations such as airlines, travel companies, food apps and even local councils.
It was originally proposed in July 2017 by the government to terminate these unfair “rip-off’ charges and encourage transparency for all people across the country.
At the time of announcement, UK Treasury Economic Secretary Stephen Barclay 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.
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By GlobalData“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.”
