Seanad debates
Thursday, 21 February 2013
Order of Business
11:00 am
Paul Coghlan (Fine Gael) | Oireachtas source
I am concerned about the threat to our national tourism golf product from AIB Merchant Services because of its attempt to introduce its new merchant terminal policy. I am given to understand that AIB now wants to charge these people who have been in business for years from between ¤20,000 to ¤75,000 to retain their merchant terminal machines. As we know, there is already a charge of up to 2% on each transaction processed. It is claimed this new charge is being claimed to cover potential contingent liability. Presumably, the existing charge for each transaction has been covering this all along. This new proposal is a change in the ground rules and is being made unilaterally. This is very unfair.
No comments