Extra charge for using a credit card (2024)

To the best of my knowledge that is unlawful Although maybe I am thinking of Debit Cards

EDIT>> I have now read up about this and traders ARE allowed to charge extra if a Credit card is used, because the trader has extra charges..

Thank you for looking into this Trev - not prepared to pay extra just for using a credit card so it will be a cash transaction.

Just remembered - our insurance company also charges extra for the house insurance premium if a credit card is used.

It is against EU law to charge extra for using a credit card, you can not charge a different total price between cash, debit card, credit card or bank transfer.
You can refuse to accept any form of payment but must do so for all customers.

I am against this law as all law abiding companys have had to raise the prices on all goods expecting the purchaser to use a credit card. Unfair on the customer who uses a debit card.

glang3000 wrote: ↑Mon Oct 05, 2020 11:50 pmIt is against EU law to charge extra for using a credit card, you can not charge a different total price between cash, debit card, credit card or bank transfer.
You can refuse to accept any form of payment but must do so for all customers.

I am against this law as all law abiding companys have had to raise the prices on all goods expecting the purchaser to use a credit card. Unfair on the customer who uses a debit card.

I have just read the information again - properly this time! I have altered the amount specified though:

Cash = €230
Visa = €240

So, if I use a Mastercard, I would have to be charged the cash price!

Diocletian wrote: ↑Sun Nov 29, 2020 5:17 pmMy Wife purchased some coffees yesterday at Coffee Island and used a Hellenic Debit Card. When checking the receipt, she had been charged an additional €1 for using the card.

After reading your comments i immediately rushed to check my reciepts for payments with my BOC debit card.Of 6 reciepts from different shops/stores not one had charged for using my debit card.Phew

glang3000 wrote: ↑Mon Oct 05, 2020 11:50 pmI am against this law as all law abiding companys have had to raise the prices on all goods expecting the purchaser to use a credit card. Unfair on the customer who uses a debit card.

Would just mention that in Cyprus there is not much distinction between a credit and debit card - both being charged as a percentage of the transaction cost. Unlike the UK where the retailer is only charged around 10p for a debit card transaction.

Jeanne

glang3000 wrote: ↑Mon Oct 05, 2020 11:50 pmYou can refuse to accept any form of payment

Cyprus were issuing a decree that all retailers and others (doctors,lawyers, hairdressers etc.) must have card readers to take payments. This was in the process before Covid-19. Retailers will not therefore be able to refuse this sort of payment. These were the details announced in March but I’m not sure if this has yet passed through as law. https://in-cyprus.philenews.com/doctor ... ts-by-law/

Jeanne