Wednesday, July 19, 2017

Sounds Clever But Someone's Always Got To Pay - UK Bans Rip-Off Credit Card Surcharges

Yes, but why are surcharges common? The answer is obviously that the services cost something to supply. We're to ban the people who use the service paying for it and thus force the costs, presumably, onto all consumers through generally higher prices. This is populist yes, but it's not a good idea.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/07/19/sounds-clever-but-someones-always-got-to-pay-uk-bans-rip-off-credit-card-surcharges/
via IFTTT

No comments:

Post a Comment