50p charge if you spend less than £10 on a card?

[JoySzasz]

Our local village petrol station/shop does this. Not always, but always when the miserable boss is around.
I spend a fair bit in there, as l imagine most of us locals do.
I might have imagined it, but l thought l heard retailers were not supposed to do it?
They are still claiming (according to my brother) that the bank charges them.
Are they being unreasonable?

TalkinPeas

But when I am doing clients' accounts, the Streamline monthly bills are always horrible no matter which card the customer uses

I don't doubt. However, the bills usually lump all transactions of a particular type together, just giving you the number of transactions, the total amount and the total fees (which is impossible to breakdown when some transactions have a fee cap).

I have a full breakdown of the fee structure from our merchant which I use for a comparison. On a 95p transaction the fees vary from about 8.2p to 25.6p depending on card and transaction type. On a £10,000 transaction it varies from 53p to over £150, depending on card and transaction type.

WMittens
Oh indeed - the Lloyds card statement is detailed to an asinine degree
one of the best nowadays is actually PayPoo Virtual terminal

total
SAge helpline always a rip off : sage forums are better

Well sorry. Am not in court. My manager told me we were told this. She isn't here to tell me who said it. She doesn't lie though

EU 2015/751 Intercharge fees for card-based payment transactions

So the Intercharge fee is capped as of 9th December 2015 but not the MSC (merchant services charge), so what will happen to that... will the card services companies just increase that?

Page 19 of the regulations
www.gov.uk/government/uploads/system/uploads/attachment_data/file/452405/BIS-15-343-BIS-payment-surcharges-guidance.pdf

a 50p charge is well within the rules

nannynick
EU 2015/751 Intercharge fees for card-based payment transactions

So the Intercharge fee is capped as of 9th December 2015 but not the MSC (merchant services charge), so what will happen to that... will the card services companies just increase that?

Thanks nannynick, you've reminded me I need to get the up to date rates.

The MSC is limited to EUR 0,05 or equivalent as mentioned in article 3.2.(b) (assuming I'm reading it correctly).

I've just noticed that was debit cards only (I thought 0.2% was lower than I'd heard). I don't know about credit card fees, but I haven't heard they're increasing.

Even cash costs business money. We bank daily and get charges trom the bank based on what we pay in.

For anyone who understands this stuff - what are Commercial Cards and how would it be determined if someone was using one for a over-the-phone payment? - then the CardSwitcher Blog has got hold of details from a Card Processor and some costs will be going up, not down. www.cardswitcher.co.uk/2015/11/global-payments-eu-interchange/

They can charge if they like. Use cash if your unwilling to pay the fee

I pay my hairdresser on my mobile app straight to the business account instead of by card. I believe this means they pay less in the way of fees.

wowfudge
if that is an FPS payment then yes, you are saving them money