Author Topic: Credit Card Payments  (Read 35280 times)

john m

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Credit Card Payments
« on: January 05, 2018, 11:43:14 am »
Anybody know what the new changes are Looks like the Gastappo in Bonn or Brussells have moved the goalposts on who pays for card transactions ?

Offline Korky

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Re: Credit Card Payments
« Reply #1 on: January 05, 2018, 11:50:37 am »
First I heard of it.... any official source?

john m

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Re: Credit Card Payments
« Reply #2 on: January 05, 2018, 11:55:03 am »
https://www.independent.ie/business/personal-finance/latest-news/new-eu-rule-will-ban-charges-for-using-credit-card-35949337.html

Sum up have increased their fees to 2.75% in the Republic which you pay .The additional fee you could add as per the Fare Card is now illegal .Interesting to see if Mytaxi increase fees on card jobs as they cannot charge the customer will they try to charge us ? That is a piece from July 2017 so it becomes law this year .
« Last Edit: January 05, 2018, 11:59:27 am by john m »

Offline Korky

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Re: Credit Card Payments
« Reply #3 on: January 05, 2018, 12:05:44 pm »
Thanks, you’d expect to have more information in the public domain by now... there’s nothing currently being reported on it... we could be breaking the law already and not be aware of it.

Offline Belker

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Re: Credit Card Payments
« Reply #4 on: January 05, 2018, 12:07:18 pm »
As in, it's comes in to force in Eight days time on 13th Jan ?

I can't see it happening somehow !

john m

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Re: Credit Card Payments
« Reply #5 on: January 05, 2018, 12:08:33 pm »
Thanks, you’d expect to have more information in the public domain by now... there’s nothing currently being reported on it... we could be breaking the law already and not be aware of it.

Did your Rep body not inform you  rofl rofl rofl rofl rofl rofl rofl rofl rofl a bit of piss came out I laughed so hard .Watch out for Sum Up they have increased their %

john m

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Re: Credit Card Payments
« Reply #6 on: January 05, 2018, 12:10:10 pm »
As in, it's comes in to force in Eight days time on 13th Jan ?

I can't see it happening somehow !

European Law Ken its happened .Not like Irish Law that might or might not Happen .I wonder will the taxi thingey inform drivers that the Surcharge allowed for on the fare card is now illegal .

Offline Korky

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Re: Credit Card Payments
« Reply #7 on: January 05, 2018, 12:13:36 pm »
Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

john m

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Re: Credit Card Payments
« Reply #8 on: January 05, 2018, 12:19:10 pm »
A couple of questions .Were mytaxi charging customers a surcharge or were we always paying it in our 12% Will they try to increase their fees to cover a surcharge or will they impose an extra charge on us per card transaction .Some interesting times ahead .!!!!!!

Offline Belker

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Re: Credit Card Payments
« Reply #9 on: January 05, 2018, 12:19:52 pm »
It seems a tad strange that it was passed last July and not a 'Dickie Bird' about it since.

CabApp is my main worry, they charge the customer 3.9% and charge us almost nothing,
if things do change and we have to take the 'Hit', then it will be 'ATM' only from now on !

Offline Shallowhal

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Re: Credit Card Payments
« Reply #10 on: January 05, 2018, 12:23:15 pm »
It seems a tad strange that it was passed last July and not a 'Dickie Bird' about it since.

CabApp is my main worry, they charge the customer 3.9% and charge us almost nothing,
if things do change and we have to take the 'Hit', then it will be 'ATM' only from now on !

That's what will happen alright.

john m

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Re: Credit Card Payments
« Reply #11 on: January 05, 2018, 12:24:55 pm »
It seems a tad strange that it was passed last July and not a 'Dickie Bird' about it since.

CabApp is my main worry, they charge the customer 3.9% and charge us almost nothing,
if things do change and we have to take the 'Hit', then it will be 'ATM' only from now on !

Did your Reps not advise or inform you KEN .As I opined did My taxi/UBER  always include a transaction fee that we picked up as part of our 12% if they did then there should be no increase in their commission although that brings up another question why did they charge 12% on cash jobs that incurred no transaction fees it should of been lower ?

Offline Belker

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Re: Credit Card Payments
« Reply #12 on: January 05, 2018, 12:30:17 pm »
Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

The opening line of your link Korky states;
"A UK ban on extra "rip-off" charges added to card payments is set to come into force."

We are Not part of the U.K.
I'm still sceptical !

Offline Belker

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Re: Credit Card Payments
« Reply #13 on: January 05, 2018, 12:36:09 pm »
Did your Reps not advise or inform you KEN .

I don't have a Rep, I'm well able to speak fer myself.

Offline Belker

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Re: Credit Card Payments
« Reply #14 on: January 05, 2018, 12:39:51 pm »
As I opined did My taxi/UBER  always include a transaction fee that we picked up as part of our 12% if they did then there should be no increase in their commission although that brings up another question why did they charge 12% on cash jobs that incurred no transaction fees it should of been lower ?

Most likely they just kept it simple at 12% across the board, earning extra on cash jobs and taking a 'Hit' on CC jobs.

 


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