Oireachtas Joint and Select Committees
Wednesday, 18 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2015: Committee Stage (Resumed)
11:00 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Credit cards, seemingly, are fixed at 0.3% regardless of the size of the transaction. That piece was reformed previously, if that is a reform, but it is the debit cards now where cash is drawn immediately and the settlement is done immediately. One's bank account is deducted as soon as the card is transacted.
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