Written question asked by Ged Killen (Labour) on Friday, 1 March 2019, in the House of Commons. It was due for an answer on Wednesday, 6 March 2019 (named day). It was answered by John Glen (Conservative) on Wednesday, 6 March 2019 on behalf of the Treasury.
Bank Cards: Fees and Charges
- Question
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To ask the Chancellor of the Exchequer, whether the Government has plans to reform the cap on interchange rate fees for card payments introduced in the Interchange Fee Regulation 2016 from a percentage cap to a flat rate of 50p per transaction.
- Answer
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The Government is open to hearing views on this issue, and digital payments more broadly, as evidenced by its call for evidence on cash and digital payments in the new economy. Amongst other things, this explored how the Government can best support digital payments. The Government will formally respond to the call for evidence in due course.
Secondary information
- Type
- Written question
- Reference
- 227415
- Session
- 2017-19
- Subjects
- Fees and charges Bank cards
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-03-06 16:14:20 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/227415
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/227415
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/227415