Payments News

Credit Card Surcharges: U.S. & UK Customers Pay Different Fees, Here's Why

Aug 09, 2017
The credit-card marketplaces of the U.S. and U.K. are a study in contrasts when it comes to their respective treatment of interchange fees, the charges merchants pay for each transaction to card networks such as Visa and Mastercard.

Specifically, the two countries’ retail marketplaces differ in if, and how often, those card charges get passed along to consumers. And change is afoot--and in opposite directions--on both sides of the pond.

Read full article:
https://www.forbes.com/sites/robertharrow/2017/08/09/credit-card-surcharges-a-tale-of-two-countries/#283e780b436b