From Saturday April 6 new rules came into force protecting UK consumers
from excessive service surcharges on credit and debit card payments. Retailers
and online businesses will now be legally bound to ensure that their charges
are reasonable and fair, and accurately reflect the true processing cost of
whatever payment method is used.
The new regulations have been under development for several years, and
were announced back in December 2011 in response to recommendations from the
Office of Fair Trading (OFT), which were originally prompted by a so-called
‘super-complaint’ from consumer organisation Which? The complaint
highlighted consumer concerns about all kinds excessive payment surcharges, but
reserved its harshest criticism for airlines, where the practice of surcharging
was particularly noticeable.
OFT Headquarters |
We have all
had that exasperating experience of buying flights online. You start off
thinking you have bagged a great bargain only to be hit with all sorts of ‘
extra ‘ costs – luggage, a seat, on-board refreshments - which accumulate
during the online booking process. Then right at the end wham! You get hit with
another surcharge for the privilege of paying by card. This practice is known
as ‘drip-pricing’, and the OFT rightly suggest that most of us put up with it
because by the time we realise we have been ripped off, we have expended so
much time and effort on the transaction we can’t be bothered to abandon it and
start again.
According to
the OFT these payment surcharges by airlines cost consumers around £300 million
in 2010. Which? estimated that it only cost 10-20 pence to process a debit card
payment, but observed that airlines and retailers were often charging far more. Consumer
Minister Jo Swinson commented:
“The practice of excessive payment surcharges has been ripping off
consumers for far too long", and said that the new rules should mean fewer ‘nasty
surprises’ for consumers paying for goods and services online.-
Merchant Service Charge
- IT Costs
- Risk Management
- Fraud Losses
- Operations
How
much should a fair card surcharge cost? In the BIS September 2012 document ‘Consultation
on the Early Implementation of a Ban on Above Cost Payment Surcharges ‘, the
OFT provides some illustrative card processing costs. For a payment of £100
they quote these costs:-
-
Credit card £2.10
- Charge Card £2.84
- Debit Card £0.53
The UK rules are in step with the rest of Europe. The EU is also working
on a Consumer Rights Directive that includes a ban on“above-cost” surcharges on
any form of payment from mid-2014.
We are a professional carding team with a large ring around the globe.
ReplyDeleteWith over 2 million ATM infected with our malware and skimmers, we can
grab bank card data which include the track 1 and track 2 with the
card pin. We in turn clone this cards using the grabbed data into real
ATM cards which can be used to withdraw at the ATM or swipe at stores
and POS. We sell this cards to all our customers and interested buyers
worldwide, the card has a daily withdrawal limit of $2500 on ATM and
up to $50,000 spending limit on in stores. Here is our price lists for
the ATM CARDS : BALANCE: PRICE $10,000: $500 $20,000: $1000 $35,000:
$1700 $50,000: $2500 $100,000: $5000 The prices include the shipping
fees and charges, order now: Contact us via email: atmmachine235@gmail.com..OR CALL +19786154207..to order.
I made $20 for completing a 20 minute survey!
ReplyDeleteGuess what? This is exactly what big companies are paying for. They need to know what their average customer needs and wants. So large companies pay millions of dollars every month to the average person. In return, the average person, myself included, participates in surveys and gives them their opinion.
GET THE BLANK ATM AND BECOME VERY RICH
ReplyDeleteGET THE HACKED ATM CARD FROM THE UK BEST HACKERS WORLD WIDE AND BECOME RICH WITHIN 3 DAYS.
You can get the hacked atm card legally called the blank atm card from the uk best hackers world wide and break into a bank's security ATM Machine without carrying a machine gun. How is this possible? First of all we have to learn
about the manual hacking of ATM MACHINES and BANKING ACCOUNTS HOW THE ATM
MACHINE WORKS. If you have been to the bank you find out that the money in
the ATM MACHINE is being filled right inside the house where the machine is
built with enough security .to hack this machine We have develop the special
blank ATM Card which you can use in any ATM Machine around the world. this
card is been programmed and can withdraw 10000 euro and pounds within 24 hours in any
currency your country make use of .there is no ATM MACHINES this BLANK ATM
CARD CANNOT penetrate into because it has been programmed with various
tools and software before it will be sent to you in your various locations. This card will make the
security camera malfunction at that particular time until you are done with
the transaction.. you can never be traced by any camera on this planet. it also has a technique that makes
it impossible for the CCTVs to detect you, there are so many other hacker
out there whom claim to be real you have to be very careful they can never
create this card all they want is your money. no ATM card can be able to
withdraw $50,000 usd each day that is impossible...how do i get this atm card? if u need this atm card you have to follow this procedures.....ffirstly you will contact the uk best hackers world wide on this email'''''''ukbesthackersworldwide@gmail.com.......just messege their email and tell them what you want....to get get the card you will
forward the company your address details so that we can proceed to send the card
to you once you agree to the terms and conditions. you can contact us on
email now at ukbesthackersworldwide@gmail.com...
BEST WAY TO HAVE GOOD AMOUNT TO START A GOOD BUSINESS or A
GOOD LIFE....pls tell all your friends,,this is an opportunity for you and your frieds to become rich.....success is not meant for everybody...only the risk takers and the belivers often become successful..........MESSAGE US ON UKBESTHACKERSWORLDWIDE@GMAIL.COM
INSTEAD OF GETTING A LOAN,, I GOT SOMETHING NEW
ReplyDeleteGet $5,500 USD every day, for six months!
See how it works
Do you know you can hack into any ATM machine with a hacked Atm card??
Make up you mind before applying, straight deal...
Order for a blank Atm card now and get millions within a week!: contact us
via email address:: ( illuminatinetweb@gmail.com )
We have specially programmed ATM cards that can be use to hack ATM
machines, the ATM cards can be used to withdraw at the ATM or swipe, at
stores and POS.
you order for::
Here is our price lists for the ATM CARDS:
Cards that withdraw $5,500 per day costs $200 USD
Cards that withdraw $10,000 per day costs $355 USD
Cards that withdraw $35,000 per day costs $550 USD
Cards that withdraw $50,000 per day costs $3670 USD
make up your mind before applying, straight deal!!!
The price include shipping fees and charges , order now: contact us via
email address::( illuminatinetweb@gmail.com )
CONTACT US TODAY TO GET YOUR CARD AND ENJOY FREE CASH!!!
( illuminatinetweb@gmail.com )