Harbour welcomes end to excessive credit card charges

11-Apr-2013 @ 18:0

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Anthea McIntyre Anthea McIntyre

Anthea McIntyre Anthea McIntyre

Harbour welcomes end to excessive credit card charges

Malcolm Harbour, West Midlands MEP and Chairman of the Internal Market and Consumer Protection Committee has welcomed new measures to stop excessive charges for people using debit or credit cards to buy goods and services.

Mr Harbour said: “Too many businesses have been deploying unscrupulous practices and charging excessive sums when people use their credit or debit card.

“I’m delighted that as a result of the EU Consumer Rights Directive, championed by my Committee in the European Parliament, these practices will now be banned in the UK.

“Under the new rules, which became law on 6th April, traders will be expected to make sure that any payment surcharges are representative of the actual processing cost involved and excessive charges over and above this are not made.
“This will make the process fairer and more transparent for consumers and no longer result in hidden, expensive charges at the end of the payment process.

“I am delighted that the Government has endorsed our work on behalf of Europe's consumers and decided on an early implementation of the EU Directive.”

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