Monzo, Revolut and ABN Amro cards blocked by Essex bus company

[Deleted User]

callum9999 said:

Deleted_User said:

WillPS said:

I'm sure there's a rule about cherry picking which specific cards you accept as a merchant, isn't there?

The bus company can simply opt not to do business with an individual who proposes to use those cards. 

I'm pretty sure the regulator/card issuer will see straight through that plan!

And it's not the law, but I've definitely seen this mentioned before as a scheme rule by MasterCard and Visa (so you can't, for example, block their premium cards with higher fees - though that's less of a thing in Europe with the fee cap). Whether they care enough to enforce it (or are happy to make exceptions in cases like this because it's based on fraudulent activity) I don't know.

An unknown regulator is going to take action to support fraudsters & force a company to operate at a loss.
I'm sure Visa / Mastercard will be equally happy for their products to be abused by fraudsters.