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U.K. Bans Credit Card Surcharges, Calling Them A 'Rip-Off'

In the U.S., at least 11 states forbid retailers from adding surcharges to credit card transactions. Several also allow discounts for customers paying via cash rather than plastic.
Britain's new rule seeks to prevent steep fees ? as much as 20 percent ? from being added to customers' bills simply because they pay with a credit card rather than with cash. / Matt Cardy / Getty Images

British retailers will be forbidden from forcing customers to pay surcharges when they use a credit card, under new rules announced by the U.K.'s Treasury Ministry on Wednesday.

"Rip-off charges have no place in a modern Britain," said Economic Secretary to the Treasury Stephen

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