Credit Card Charges

peter_the_piper

Felt like a rant after getting a letter from Streamline saying their charges are going up by 0.8% (25% approx)for every credit card used by customers. Not a lot on the face of it but it will add many pounds to a small shops already high bank charges. I suppose someone has to pay for the bank bosses bonuses. So if you see prices going up soon don't blame the government for all of it.

The_Pedant

If you look to the 'Latest MSE News' on the right, you will see an article on this very subject.
http://www.moneysavingexpert.com/news/shopping/2010/06/banks-slammed-over-plastic-charges?utm_source=forum&utm_medium=sidebar&utm_campaign=box

Blacksheep1979

peter_the_piper wrote: »

Felt like a rant after getting a letter from Streamline saying their charges are going up by 0.8% (25% approx)for every credit card used by customers. Not a lot on the face of it but it will add many pounds to a small shops already high bank charges. I suppose someone has to pay for the bank bosses bonuses. So if you see prices going up soon don't blame the government for all of it.

Or maybe they have to pay for all the fraudulent transactions and people defaulting?

peter_the_piper

That as well.

must_dash

I own a small mail order company that has a few webshops and ebay, so we 'use' PayPal for those, We are now setting up a retail type shop for customers to visit. We looking for the 'best value' card processing company for phone and personal card transactions. Can anybody recommend a decent company.
Thanks

Tom