Abta to lobby MPs on ‘real issue’ of card processing fees

The association said the costs levied by banks and credit card firms was “the real issue” for ministers to look at following the decision by Westminster to outlaw surcharges for payments made through American Express and Paypal. The move was an extension of the second EU Payment Services Directive (PSD2) – set to come into force in January 2018 – which bans surcharges on Visa and Mastercard payments.

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