Credit Card Fees From 9 December 2015

[barnaclebill58]

I have to make a payment to a business no later that 16 December. At present it charges 2% if I pay by credit card.
http://www.theguardian.com/money/2015/jul/27/cap-on-card-fees-retailers suggests that if I wait until 9 December I should be charged a maximum of 0.3%.
That said, there doesn't seem to be much out in the media to say that this is going to happen.
Does anyone know the correct position , please?

[THECORBYLOON]

It is going ahead, http://www.moneysavingexpert.com/news/cards/2015/10/government-confirms-card-charges-shake-up-but-does-it-spell-the-end-for-credit-card-deals

[barnaclebill58]

Hmm -it looks as if the retailer will pay 0.3% but is not forced to charge the consumer ie me 0.3% so could still charge 2%

[Maydup]

You could contact them and ask whether, in light of the new cap on fees, they have any plans to drop their 2% charge to the customer. Point out that it is no longer necessary and poor practice in the industry.

[hc4361]

Shops and businesses are currently charged 0.8% credit card fees so I wouldn't expect any cost to the consumer to drop by more than .5%, if that.

[SirOracle]

hc4361 The amount charged to the merchant is not 0.8% as you state,but varies for each merchant,dependent on many factors.

[hc4361]

It averages out at .8%

[SirOracle]

How can you know that ?