Important changes to the price you pay for transactions
Q: How will the recent EU Referendum results & the announcement of the United Kingdom leaving the EU (Brexit) affect these changes?
Q: Are these price changes linked to the United Kingdom leaving the EU (Brexit)?
Q: What will the impact of the EU Referendum be on interchange?
A: There is no certainty that Interchange costs will change once the UK’s exit from the EU is completed. It would be up to the new national government to determine how it wants to regulate Interchange, and whether it wanted to alter any of the previously enacted legislation. As has been covered in the press, the formal process for leaving the EU will be lengthy, taking around 2 years, and therefore existing regulation will remain in force at least until this process is complete.
Q: Why has my Visa debit fee moved from a pence per transaction fee to a fee which is percentage based?
Q: My Visa debit fee was already a percentage. Why has it now gone up?
Q: How will this change affect me?
Q: I’m aware that my new rate is higher than other companies are being charged why is that?
Q: I pay additional charges for premium transactions, will these still apply.
Q: When will these changes take effect?
Q: Where can I find more details about the VISA Debit card changes?
My Business Dashboard
My Business Dashboard – Is our online tool which allows you to access your monthly invoice and transaction history. You can also view and compare sales trends, which can help you manage your cash flow better and work smarter. For more information visit mybusiness.worldpay.com