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Old June 30th 09, 11:34 AM posted to uk.finance
Mark BR
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Posts: 68
Default charges for chip and signature cards

During a delivery today I was paying the driver using my credit card and
gave my Chip and Signature card. He insisted on phoning the depot and I paid
over the phone.

I was told that if he accepted a chip and signature card the charges were 3%
more than for a chip and PIN card.

Anyone able to confirm or deny that banks are charging more for businesses
that accept chip and sig cards?

--
mark BR


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