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by mminer237
1974 days ago
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In practice, I wonder how many companies will pass this 1.2% fee just onto their UK customers versus how many will just eat it (or I guess distribute it among all their customers). In America, our credit card fees are typically double what even the UK is paying now, but almost nowhere passes that just onto card users. It's not worth the hassle and potential outrage. |
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Those EU businesses that continue to sell to the UK will presumably already be working out an uplift to UK customer prices anyway - being denominated in a different currency makes this easy enough to do (it's impossible to identify consumer surcharges if you just list the prices in a different currency).