According to the linked leaflet, the EU’s payment services directive ensures that “You can no longer be charged extra costs by a merchant when you pay using a card issued in the EU.” But they neglect to extend reciprocity to cash payers.

Incidentally, this exacerbates adversely discriminatory treatment of Americans who face uniquely poor treatment by banks. Cash is the sole notable refuge from shitty banks.

Upcharging cash payers violates human rights. This is not only attributed to banks discriminating on the basis of nationality. We have a human right to:

  • self-determinism
  • autonomy
  • consumer protection
  • privacy

Penalising cash payers is an assault on any consumer who exercises their self-deterministic right to live autonomous and independent from banks.

No consumer protection is more important than the right to opt out of a transaction. It’s the only consumer protection that one can give themself without relying on others. Surcharging consumers who opt out of banking is an attack on that option. It puts a price on consumer protection.

Banking inherently entails abuse of privacy. The digital footprint is huge and undermins data minimisation rights.

  • activistPnk@slrpnk.netOPM
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    4 months ago

    That’s handled by article 62(3) that made it illegal to charge additionally beyond the direct cost of a transaction to merchant themselves.

    Sure, but then they say “hiring someone to process your cash is a cost to us”. They have commercial freedom to allocate costs however they please so long as it does not cause an upcharge to card payers.

    (edit) note as well that card transactions incur a 0.9% direct charge to the merchant, but they cannot pass that on to the consumer as a surcharge.

    And the EU cannot be hold responsible for the wrong Treatment of other nationalities.

    Every EU country agreed to make their banks discriminate against Americans through fatca. Of course they are responsible for what they agree to.

    With that logic each country must accept every currency because it would limit autonomy otherwise.

    You’re not getting it. It’s not USD that’s getting harsh treatment. It’s Americans who try to use EU banks, regardless of currency.