I'm not too sure. I think it was to prevent consumers being hit with hidden charges, which makes sense, but I can't help but feel the legislation is a 'sledgehammer to crack a nut' sort of solution. I think it would be fairer to simply force companies to state up front what their charges are and then the consumer can make her decision based upon that.

- ed

Curious, I had a quick Google, and lo — from a few months after the legislation was introduced... https://www.theguardian.com/money/2018/jun/17/credit-debit-c...