5 ms·

> Traders in the EU are not allowed to charge you extra for using your credit or debit card. https://europa.eu/youreurope/citizens/consumers/shopping/pricing-p

• lotsofpulp 4y ago
  Interesting. So foreign cards have to be accepted at the same price? I know credit card fees are capped in EU, so this might be a reasonable policy, but if merchants and domestic customers have to eat costs due to foreign card costs via higher prices for everyone, that does not seem fair.
  • justincormack 4y ago
    Some expensive cards (historically mainly Amex) are just not accepted widely.
  • thesimon 4y ago
    > So foreign cards have to be accepted at the same price? No, only regulated cards have to be accepted at that price. So a surcharge can be charged for EU commercial cards which also cost > 2% and are not subject to the interchange regulation.
• silon42 4y ago
  But I think that goes with the card fee limit of 0.2-0.3% if I remember correctly.
• account42 4y ago
  Which is basically the government helping an oligopoly instead of fighting it. Of course, considering how attractive the idea of all transactions being trackable must be to governments this is hardly surprising.
• CaptainZapp 4y ago
  What they can do is offer a rebate if you don't pay by credit card. Swiss (the airline), for example does that.
• Symbiote 4y ago
  Here's a sticker at a large Danish supermarket showing it isn't necessarily that simple. It says local and foreign debit cards are free, but Danish credit cards cost 0.9375% extra and foreign ones 1.75% extra. Maybe the rule only applies in the Eurozone? https://imgur.com/a/UDnathK https://imgur.com/a/UDnathK