Companies are now banned from charging any fees for credit or debit card payments.
The new rules came into effect on 13th January 2018 to prevent consumers from being penalised for choosing to pay by card, either online or in-store.
Now the law states that all surcharges are banned. There will be no charges for paying by debit or credit card, including American Express and linked ways of paying such as PayPal, Apple Pay.
This not only applies to any company which is selling to UK consumers, but also across the EU.
Additionally, HMRC has banned taxpayers from using their personal credit card for their annual tax payments. Debit cards and corporate credit cards will continue to be accepted, as well as online or telephone banking services.