Card Payments More Costly Under A No-Deal Brexit

  • 6 years ago
The UK government has warned that the cost of card payments to the EU would likely increase under a no deal Brexit. Business Insider reports that this means services such as Uber could get more expensive.
Brexit Secretary Dominic Raab and his department released a series of "no deal" planning papers on Thursday. They cover everything from the City of London to customs arrangements.
Within the documents, the government warns that the cost of card transactions between the UK and the EU could rise if the two sides fail to reach a deal by March next year.