Ouch: CardUp announces major increase in payment processing fees
CardUp has announced a significant increase in payment processing fees, with promotional rates rising by up to 36% starting June 13, 2026. The company clarified that existing scheduled payments will be subject to the new pricing structure.
Why it matters
This change impacts consumers and businesses relying on credit card payment services for recurring expenses, effectively ending the era of low-cost transaction fees.
Last month, CardUp announced that it would hike its service fees from June 2026, citing an industry-wide increase in card processing costs.
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