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Wednesday, October 24, 2012

Cut credit card fees imposed on merchants



I refer to Mr Alvin Ho's letter "Many companies still charging swipe fees" (Oct 25).
He said that it was stated in July that merchants are not allowed to pass on any form of surcharge/swipe fees/administration charges to consumers who make credit card payments.
Recently, I booked a ticket with a budget carrier and was given the option to pay by credit card and incur an S$18 administrative charge, or to pay using NETS at several outlets,...

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