Government Want to Scrap Credit Card Surcharges

Government Want to Scrap Credit Card Surcharges

Assessment

Interactive Video

Information Technology (IT), Architecture, Other

University

Hard

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The video discusses the frustration consumers face with hidden card charges during online shopping. The government plans to ban excessive card charges, aiming for transparency. Despite past agreements, many companies still impose these charges, affecting various sectors like airlines and cinemas. Experts warn that while the proposal may bring clarity, retailers might find new ways to offset lost profits. The consultation will last until the year's end, potentially impacting future sales.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do experts have regarding retailers' responses to the proposed changes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are expected to occur by the time of the January sales?

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OFF