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“Are HSBC customers aware that HSBC Merchant services...”

written by on 22/03/2010

Are HSBC customers aware that HSBC Merchant services have written to all card retailers to advise that on only HSBC Premier cards from June 1,2010 an additional 0.7% commision will be charged on face to face transactions and 0.9% mail order transactions. The retailer has been told that he can make a charge to cover this commision but also must make a charge to cover all cards,if he chooses to charge for Premier cards. The retailer has also been advised that these charges are not negotiable and he has no choice he has to accept the cards.

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