Online Shoppers Could be Charged €1 Billion in Fees By Irish Banks in 2021

Online shopping continues to grow at a fast rate in Ireland and Irish consumers have done even more of their shopping online during the coronavirus pandemic. Irish banks are charging their customers millions of euros in foreign currency fees when shoppers use their debit or credit cards to purchase on non-Euro currency websites. We estimate […]
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Credit Card Stamp Duty 2021

The stamp duty on credit cards is charged annually in respect of the previous year.Generally, financial institutions collect the €30 duty from credit card accounts on the 1st of April each year. In 2020, the collection of Government Stamp duty on credit cards was deferred until July 2020 due to COVID19. However, for 2021, the […]
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Chargeback On Debit and Credit Cards

Many people in Ireland think that purchases made with a credit card are somehow better protected against faults or non-delivery.But – the protection provided in the form of chargeback on Debit or Credit Cards in Ireland is the same. In the UK – their Consumer Credit Act (Section 75) specifies that credit card providers are […]
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Visa or Mastercard in Ireland .

In May 2018 there were widespread IT issues with Visa card payments in Ireland and other parts of Europe.In recent years we have also seen major IT problems with Ulster Bank here in Ireland. These outages resulted in thousands of people unable to make payments or get cash from their accounts for several days. You […]
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Travel Insurance Comparison

One thing people often neglect to buy when travelling abroad is Travel Insurance. Or – if they do buy travel insurance they just buy it as part of the booking process and usually end up overpaying for it .  Travel insurance covers things such as medical expenses, cancellations, baggage loss etc. We did a quick […]
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