Tag Archives: Credit Card

Businesses Can No Longer Pass Credit Card Fees To Customers in Kuwait

This is the best news I have heard in a while, because that was making my experience so frustrating. I bought from couple of websites and businesses where they overcharge for the delivery charges, and when it comes to payment. They want to pass the credit card charges from Visa or Mastercard to me. As you know, Visa, Mastercard, and American Express charge businesses 2-4% on each transactions and some businesses pass it to the customer. I faced this first time when I bought a product and the business sent me My Fatoorah link, and I was surprised to see the price increase when I click on credit card. I didn’t like the experience as a customer because it felt cheap, but it makes a lot of sense from the business stand point.

Starting December 6th, 2022 at 9 AM, Businesses will no longer be available to charge credit card fees to customers. This is an official law by Central Bank of Kuwait