WG-REQ-1516 Word-to-A4-PPT-portrait PSD3 IMPACTS-STAGE-3 PRINT3mmBLEED - Flipbook - Page 22
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HL | PSD3 Impacts
14 Surcharging
(Article 28)
Overview
Under PSD2, payees were permitted to charge for
instruments not covered by the Interchange Fee
Regulation /state specific prohibitions provided
such charges did not exceed the direct costs of
payee; however, states had discretion to extend
the prohibition on surcharging to cover
such instruments.
The EP Text is seeking to change this so that that
a payee may not impose surcharges for any
instrument, but may offer a reduction of other
means for steering the customer towards a
particular payment instrument.
What is the impact?
If the EP Text is retained, surcharging permitted
on non-consumer cards (for example) will be
prohibited. Currently the position varies from
Member State to Member State so uniformity in
this regard should be welcome in certain
quarters. However, this would impact fees that
are currently permitted to be charged for
corporate cards.
