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I fully suspect us to get different pricing. Until it was banned it was a classic cause of consumer frustration with Ryanair: getting to the payment step, and b
by fredley 6y ago
I fully suspect us to get different pricing. Until it was banned it was a classic cause of consumer frustration with Ryanair: getting to the payment step, and being charged extra to pay by credit card.
I suspect it'll also force many smaller retailers to stop taking card payments again, and requiring cash.
- neximo64 6y agoRyanair most likely will try to use the new open banking push payment technology. This way the payment can't be reversed and its a faster payment under the hood (cheaper than a debit card for them).
- tebbers 6y agoI am really excited about this push technology (example: https://truelayer.com/paydirect https://truelayer.com/paydirect) It seems to me that merchants are paying a ton of money in card fees and waiting 2-3 days for the transaction to settle) whereas actually the transaction could be done for pennies and settle instantly via the UK's very good Faster Payments infrastructure. If this takes off with consumers, Visa and MasterCard are going to see big chunks taken out of their business.
- Jonnax 6y agoSo no protection for the users?
- krona 6y agoOr take visa? Or any other credit provider? Or a debit card? Heaven forbid that we allow payment providers to compete to provide the best service at the cheapest price.
- adimitrov 6y agoVisa will probably follow suit.