Credit Card Transaction Charges are unfair - allow small fixed fees only

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Credit Card Transaction Charges are unfair - allow small fixed fees only

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Percentage based credit charges are a rip off. It (should) costs no more for card companies to undertake a £10,000 transaction than one for £1 - it is all done electronically after all. The government should introduce legislation banning percentage based charges and restrict these to a maximum transaction cost based on a minor fixed fee, in the region of £5.00.

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