We want the Government to ban banks and payment providers from charging transaction fees on card payments. If society is moving towards a cashless future, we think digital payments must be free and fair for consumers and businesses, not a hidden source of profit for banks.
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As cash use declines, we are being pushed towards digital payments — yet banks and payment providers take a cut of every card transaction. A simple £100 spent digitally can shrink the real value after only a few steps. We think this hidden tax can drain small businesses, raise costs for customers, and funnel wealth into banks. If the Government wants a cashless future, it must ensure payments are free and fair, not a profit stream for banks.