The new rules will hit Bailiffs hard with their exorbitant card charges .

http://www.bbc.co.uk/news/business-40648641

http://www.consumeractiongroup.co.uk/forum/showthread.php?479522-Credit-and-debit-card-surcharges-to-be-banned...again&p=5044792#post5044792

Wasn't this supposed to happen in 2013 ?

http://www.moneysavingexpert.com/news/cards/2013/04/credit-and-debit-card-fee-clampdown-begins

That may be good news but it is a forerunner to very bad news.

And that is that the government and banks are committed to abolishing cash. The pretext is that the taxman will be able to see all transactions to eliminate cash in hand payments even for small amounts-say some one doing cleaning a couple of hours per week.

What is really behind it is that bank interest will then go negative-to bolster the economy meaning that WE WILL BE PAYING INTEREST TO THE BANKS ON OUR MONEY ON DEPOSIT IN OUR ACCOUNTS. We should all be resisting this sinister movement towards a cashless society.

The new rules will hit Bailiffs hard with their exorbitant card charges .

Credit card surcharges are not permitted under the Taking Control of Goods (Fees) Regulations 2014. Unfortunately, one company continue to charge such a fee (of an amount of approx £60) but with recent complaints being made, it is hoped that this practice will be halted very soon.

### WE WILL BE PAYING INTEREST TO THE BANKS ON OUR MONEY ON DEPOSIT IN OUR ACCOUNTS##

In some jurisdictions, that already happens. 0% interest and service charges.

####We should all be resisting this sinister movement towards a cashless society.###

I agree, but we will never be cashless. Pay a tip to a cab driver or room service, we will always need cash. I'm as sinister as you. A cashless society will pave the way a financial transaction tax.

***I agree, but we will never be cashless. ***

The way things are going we will be if enough objections are not raised. Visa are installing some cash registers in small shops for free providing they are card only. The shops are being sold the idea that the machines are cheaper to run than staff. Hopefully people using the shops will not stay when they are forced to pay by card only. The banks and Government

want the change and there is a high chance that it will go through using claims that it will erase the black economy and increase tax income for HMRC. Haven't they heard of Bitcoin?

I've read about Bitcoin. It looks like a Ponzi scheme in that it pays original investors from investments made by later investors.

No government will ever get rid of a black economy. Even without cash, there will always be some other tender. In the HM Prison Service economy, the default currencies are rolling tobacco, drugs and mobile phones.

Moving everything to card transactions in the open economy is working towards a government having supervision over every financial transaction, and opens the door to a transaction tax. We have already seen that with motorists being charged road use using camera tolls.

I've read about Bitcoin. It looks like a Ponzi scheme in that it pays original investors from investments made by later investors.

 

No government will ever get rid of a black economy. Even without cash, there will always be some other tender. In the HM Prison Service economy, the default currencies are rolling tobacco, drugs and mobile phones.

 

Moving everything to card transactions in the open economy is working towards a government having supervision over every financial transaction, and opens the door to a transaction tax. We have already seen that with motorists being charged road use using camera tolls.

Definitely not a good idea.