23 Dec, 2011 @ 12:14
1 min read

Europe to follow UK in banning ‘rip off’ credit card fees

EUROPE is to follow in the footsteps of the UK government after it banned the practice of airlines ‘ripping off’ customers with hidden charges.

Under the new ruling companies like Ryanair and Easyjet will no longer be able to charge ‘extortionate’ fees to pay by credit card.

Customers are being charged as much as 14 euros, though the transactions costs as little as 30cents to process.

In some cases, the surcharges are higher than the value of the item purchased.

UK Treasury minister Mark Hoban insisted Britons were ‘sick’ of being ‘ripped off’ by the hidden charges.

He said: “We’re leading the way in Europe by stopping this practice. Consumers are sick of the rip-off culture and we are determined to do what we can to end it.”

Legislation will come in by the end of next year., while the EU is to ban the practice from 2014.

In recent months, surcharges have risen sharply particularly among low-cost airlines. The cost of booking a Ryanair return flight with a debit card has risen 15-fold since 2004.

The charges have now spread to many other areas including cinema tickets, utility bills, holidays and even some government departments.

In one case, car giant Toyota levied a 80 euro charge to purchase a car with a credit card.

In most cases, such charges are only disclosed as you finalise the purchase making it difficult for consumers to compare prices.

Jon Clarke (Publisher & Editor)

Jon Clarke is a Londoner who worked at the Daily Mail and Mail on Sunday as an investigative journalist before moving to Spain in 2003 where he helped set up the Olive Press.

After studying Geography at Manchester University he fell in love with Spain during a two-year stint teaching English in Madrid.

On returning to London, he studied journalism and landed his first job at the weekly Informer newspaper in Teddington, covering hundreds of stories in areas including Hounslow, Richmond and Harrow.

This led on to work at the Sunday Telegraph, Sunday Mirror, Standard and even the Sun, before he landed his first full time job at the Daily Mail.

After a year on the Newsdesk he worked as a Showbiz correspondent covering mostly music, including the rise of the Spice Girls, the rivalry between Oasis and Blur and interviewed many famous musicians such as Joe Strummer and Ray Manzarak, as well as Peter Gabriel and Bjorn from Abba on his own private island.

After a year as the News Editor at the UK’s largest-selling magazine Now, he returned to work as an investigative journalist in Features at the Mail on Sunday.

As well as tracking down Jimi Hendrix’ sole living heir in Sweden, while there he also helped lead the initial investigation into Prince Andrew’s seedy links to Jeffrey Epstein during three trips to America.

He had dozens of exclusive stories, while his travel writing took him to Jamaica, Brazil and Belarus.

He is the author of three books; Costa Killer, Dining Secrets of Andalucia and My Search for Madeleine.

Contact jon@theolivepress.es

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