Credit Cards: EU Countries

Treasury written question – answered on 11th January 2021.

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Photo of John McNally John McNally Shadow SNP Spokesperson (Environment)

To ask the Chancellor of the Exchequer, whether online purchases from the EU made by UK customers by credit card will have to be made by (a) bank transfer and (b) in Euros after the transition period in the event of no deal being reached with the EU.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

Online purchases by payment card from EU retailers are still possible now that the UK has left the Transition Period of EU Withdrawal. Whether a retailer accepts credit or debit cards as a payment method is a commercial decision for individual retailers.

Furthermore, the UK has maintained its participation in the Single Euro Payments Area (SEPA), enabling continued Euro credit transfers and direct debits through the SEPA payment schemes.

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