Consumer News Round-up: Why paying in Euro may cost you 50% more, new online banking rules, hard Brexit online shopping and empty supermarket shelves warnings
European Consumer Centre (ECC) Ireland presents a round-up of the week’s consumer news – in case you missed it!
Consumer News Round-up – week ending 30th August 2019
Paying in Euro on some UK retail sites may cost you 50% more
According to an article in the Sunday Times, Irish consumers are being charged almost 50% more on some UK retail sites when they pay in Euros.
Read the full article here: ‘Paying in euros? It’ll cost you’, by Fionnuala Walsh, The Sunday Times, 25th August 2019.
Consumers warned to prepare for new online banking rules
Consumers are being asked to prepare for the introduction of new online banking rules because of PSD2 (the second Payment Services Directive) which will come into effect from 14th September.
Buying from UK traders after no-deal Brexit will result in extra costs for online shoppers
Minister for State for European Affairs Helen McEntee and representatives from An Post, Revenue, and the Competition and Consumer Protection Commission were out in force this week advising consumers that although contingencies were in place to avoid disruption to the delivery of parcels, buying from UK traders after a no-deal Brexit will result in extra costs for online shoppers because the VAT and customs duties. Consumers were also advised to check the final price displayed, where the trader is based, and read the terms and conditions.
Read the full articles here:
- ‘Online shoppers to be hit with extra costs after no deal’, by Hugh O’Connell, Irish Independent, 27th August 2019.
- ‘Brexit won’t affect how you send letters, but your consumer rights for UK purchases may change,’ by Gráinne Ní Aodha, TheJournal.ie, 26th August 2019.
Irish supermarkets could struggle to stock up shelves within days of hard Brexit
The Freight Transport Association of Ireland has warned that supermarket shelves in Ireland could run bare within two days of a hard Brexit.