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What are the official rules and regulations regarding transaction fees on credit card payments?

April 26, 2017credit card fees official PAYMENTS regulations rules transaction

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What are the official rules and regulations regarding transaction fees on credit card payments?

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Credit agreements in general are regulated by the Consumer Credit Act 1974. Fees for various transactions on credit cards, such as cash withdrawals, are competitively priced by each card issuer and you should refer to your terms and conditions to find out exactly what those charges are.