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‘Rip-off card charges’ to be ended

‘Rip-off’ charges to use cards for purchasing will be outlawed in January, the government has said. ‘Surcharging’ is common practice across the country – with businesses ranging from takeaway apps to global airlines charging people to make card payments or for other services such as Paypal. While many industries have …

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New credit card uses fingerprints

A new credit card that combines chip technology with fingerprints for in-store purchases has been unveiled by Mastercard. The new biometric card has been tested in South Africa, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa. The new …

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Bank closures cause concern for SMEs

Following the closing of more Lloyds Banking Group’s branches, The Federation of Small Businesses (FSB) has expressed concern about what this would mean for SMEs. FSB national chairman, Mike Cherry, said: “It is very worrying to see yet more local bank branches being shut down, leaving small business customers without …

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