New rule stops companies from charging more than it costs them to process card payments

Guidance (published: 26 March 2013): Provides guidance on the outline of the Consumer Rights (Payment Surcharges) Regulations 2012 and their requirements. The Regulations aim to:

• increase price transparency, enhancing consumers’ ability to choose effectively between different products and services
• make payment surcharges cost reflective, steering consumers to the most efficient payment method
• remove barriers to effective competition both for the products and services being purchased and between payment methods

https://www.gov.uk/government/publications/consumer-protection-payment-surcharges-regulations-2012-guidance

http://www.legislation.gov.uk/uksi/2012/3110/made

UK bans “excessive” card surcharges
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