EU bans credit card surcharges

Customers can no longer be charged extra for paying by card, or for using their card in another EU country

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THE European Commission has advised that it is banning surcharges for consumer debit and credit card payments made online – and in shops – anywhere in the EU.

“When you make a cross-border payment in euros and Swedish Krona within the EU, your bank can’t charge you more than it would for an equivalent national transaction,” noted an EC spokesman.

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