BT "Payment Processing Charge"

[Mark_Blackpool]

I had some thoughts on this:

 

Apparently, the "payment processing charge" is 1.50 per month. I don't quite see how a fee can apply "monthly" to process one payment made quarterly.

 

But in terms of getting value for money, we thought we'd set up a whole series of BACS payments.

 

30 days @ 0.15 per day = 4.50

 

I'd guess that will cost BT at least 60 to 90 pence to process, so it's still a complete fraud and rip-off.

 

But if everyone did this...

 

Any thoughts?

[Chickenlicken]

have you signed the petition against these charges, I believe there is or was one going

[Igiveup]

Hello.

As a new comer could I ask if members have seen the following in the draft Ofcom Guidance.

http://www.ofcom.org.uk/consult/condocs/addcharges/addcharges.pdf

 

A5.43 However, we consider that it may be unfair for consumers to pay, as part of the

charge, a cost component which does not reflect the suppliers’ increased cost of

taking payment by a means other than direct debit. Thus, for example, we believe it

would not be fair for suppliers to include as a component of the non-DD charge the

recovery of general “bad debt” costs. In our view there is little evidence of a causal

link between a consumer’s choice of method of payment and the risk that the same

consumer will fail to pay for the services provided. In particular, it is unclear how

and why the choice of payment method will actually cause the consumer to go into

bad debt. The principles applied in this context are consistent with the OFT’s

guidance on credit card default payments.

 

BT letters to me make it quite clear that the non DD charge is based on recovery of bad debts from Non DD payers and hence is unfair in the view of Ofcom.

[locutus]

I like that thinking tho, set up a standing order for 15p a day to BT to cover the £1.50 monthly charge! You'd at least get more value for money on the charge!

[RickB]

How can BT charge £1.50 a month for admin of handling non DD payments yet try to get people to sign up for paperless billing (which will save BT even more money) & DD payment together by offering a discount of only £1.25 a month? am I being dense? Is this £1.25 over and above the non charge of £1.50 for paying by DD?

[TheRanger]

Hello.As a new comer could I ask if members have seen the following in the draft Ofcom Guidance.

http://www.ofcom.org.uk/consult/condocs/addcharges/addcharges.pdf

BT letters to me make it quite clear that the non DD charge is based on recovery of bad debts from Non DD payers and hence is unfair in the view of Ofcom.

 

Very interesting, thanks for that. Let's see what happens when the Ofcom report comes out later this year.

[Guest merchantacquiring]

Hi,

This is site where i found EDIT very easy and simple. Visit this site and you will find very easy processing.

Edited November 30, 2008 by freakyleaky
Commercial link removed. Please read the site rules.

[buzby]

My bank charges me 35p for every BACS credit I make - so I'd be shooting myself in the foot to make that many payments to BT. The only winners are the banks, unless of course you get totally free banking.