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Card costs could soar £150m a year, BRC warns

The BRC is calling on the Government and PSR to take action to tackle these soaring card fees, which cost retailers millions every year

Retailers in the UK and the EEA could now face an estimated £150m a year cost increase to accept cross-border card payments, with British retailers alone shouldering an extra £36.m, or £100,000 every day, the BRC has warned.

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