Curve 'all-in-one' debit card to charge 1.5% fee for HMRC payments - MSE News

SnowTiger

crumpetman wrote: »

Curve is the card issuer, not a merchant or retailer. Think of it like having a Barclays credit card and you deposit funds at a gambling website, you will probably incur a fee from Barclays by using your credit card for a cash/financial transaction.

As far as the underlying card is concerned Curve is a merchant.

Curve seems to work as both the card issuer and a merchant.

femalemonarchfemalecanine

born_again wrote: »

Do HMRC charge any different for Credit or Debit? If so then they are breaking the regulation.

The issue will be that when a CC is linked to the curve card. Curve get charged more for the transaction.
So they are simply covering their costs.

TBH. I can see this type of card disappearing from the marketplace soon.

HMRC can't pay a transaction fee - it could only be paid for out of public money as they are not allowed to charge the fee to the card holder; hence they don't accept credit cards