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Translations
Hansard Credit Card Charges for USD Plans from 1st Apr 2011
Hansard has been notified that the fee charged by Visa and MasterCard for the cost of handling credit card transactions will be increased with effect from 1st April 2011. This increase has been made by the provider and is outside of their control.
What is the updated charge?
| Maximum Existing Rate |
Maximum New Rate |
|
1.45% |
2.02% |
What does this mean for you?
Where clients were previously charged up to 1.45% for each USD credit card transaction, they can be charged up to 2.02% from 1st April 2011.
Is there further information available?
Visa and MasterCard have dedicated websites available should you require further information regarding these changes:
Visa Europe
MasterCard
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William Russell
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