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Curve 'all-in-one' debit card to charge 1.5% fee for HMRC payments - MSE News
Comments
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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.0 -
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 cards0
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