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25 mar 2024 · You must be informed about the total price of goods and services you buy, including delivery charges. EU nationals/residents can't be charged a higher price just because of nationality or country of residence. Beware of ‘free’ services that collect more personal data than directly necessary.
26 paź 2024 · The minimum charge is the least amount a credit cardholder is required to pay on their outstanding balance each month. This amount is usually a small percentage of the total balance due, often between 1% to 3%, plus any fees or interest charges. The main purpose of the minimum payment is to keep your account in good standing with the bank.
13 lis 2023 · The short answer—yes, and no. If certain conditions are met, the federal government allows merchants to set minimum purchase amounts for credit card transactions. But minimum purchase amounts for debit card transactions are not allowed.
27 lip 2023 · A minimum finance charge is a fee that credit card holders may have to pay if the interest that's due on their outstanding balance in any given month...
24 cze 2022 · EU law also stipulates that you must give the consumer a minimum 2-year guarantee (legal guarantee) as a protection against faulty goods, or goods that don't look or work as advertised. In some countries national law may require you to provide longer guarantees.
What is the minimum card payment law? There is no minimum card payment law, which means that there’s nothing stopping businesses from setting a minimum spending limit. However, there are rules set out by card networks which state that any merchant accepting their cards cannot set a maximum or minimum limit.
8 sie 2010 · A price ceiling is a maximum amount, mandated by law, that a seller can charge for a product or service. It's generally applied to consumer staples.
