well according to this link pennys are only legal tender up to 20p
http://icwales.icnetwork.co.uk/news/...name_page.html
Quote:
Originally Posted by popper
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as for direct debit, now that IS in UK law and it states ' a direct debit is tantamount to a cash payment '
that being the case, it will be hard for any Uk company to lawfully equate a higher price for cash payments in any UK court.
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But if that is the case they are not trying to charge a higher amount for something that is basically a cash payment. They are charging extra for the people that want to pay by cheque or at a paypoint. Are these classed as cash payments as well. and don't forget the if you do pay by paypoint, they will take a cut of the payment
Taken from paypoints website:
What commission do you pay?
PayPoint agents earn variable commission rates from 0.5% to 45% per transaction. We will give you more details with your application
If a customers bill is £100 and paypoint take a cut of 5% then it's quite easy for them to justify the £5 charge. Are you saying that because someone wants to pay by this method the extra cost should be passed on to all of us, Do you think thats fair on the people that do pay by DD.
What about all these companies that give a discount for paying by direct debit. Are you claiming this is illegal as well because it basically amounts to the same thing. Also if this is the case why did Telewest go to the trouble of changing from a discount to a charge a few years ago. All they would need to do is put everyones prices up by £5 and then start offering a £5 discount to the people that pay by DD again.