Published 3 days ago • loading... • Updated 2 days ago

CB reiterates extra charges on card payments illegal - LNW Lanka News Web

By: Isuru Parakrama July 24, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has firmly reiterated that businesses across the country are prohibited from imposing additional fees on customers who choose to pay using debit or credit cards. This includes commonly seen surcharges such as a 2.5 per cent fee, which some merchants have reportedly been levying in recent months. In a detailed clarification, the Central Bank emphasised that the terms…

4 Articles

derwesten.de

Reposted by

news38.de

Center

Credit Card Payment on Vacation Became a Cost Trap for Me – You Can't Make This Mistake

Many travellers use their credit card on holiday, but there is one thing that most people don't have on screen.

2 days ago·Germany

Read Full Article

24 Horas

Do They Charge You Commission Your Payment by Card? This You Must Do

Many establishments currently charge commission to customers for making payment by credit or debit card. However, this is what the Federal Office of the Consumer (Prophecy) says about this practice. You may also be interested in: Deputies endorse prohibition of charging fees for payment by credit or debit card Payment by credit or debit cards, is a common practice that has greatly facilitated the commercial life of both consumers, as well as tho…

2 days ago

Read Full Article