Card firms overcharged retailers ‘up to £40,000’

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Spar retailers have united against payment companies Mastercard and Visa after being overcharged for card transaction fees between 2011 and 2015 – one of whom claims to have lost £40,000. The retail group is in the process of legal action against the card providers. A Spar retailer, who asked to remain anonymous, told RN he has overpaid more than £40,000 in excessive card fees. “I’ve compared my…

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By Alex Yau Avatar
By Alex Yau 19 Oct, 2017

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