The Limited Times

Now you can see non-English news...

Maestro card off: Kaufland explains to customers the consequences for shopping

2022-11-03T06:59:39.011Z


Maestro card off: Kaufland explains to customers the consequences for shopping Created: 03/11/2022 07:46 By: Dominik Jahn The end of the Maestro system means a change for customers and dealers. With Kaufland, a food company has commented on the consequences for shopping. Some merchants may incur additional charges. Many topics are currently being discussed in relation to the food trade. Some c


Maestro card off: Kaufland explains to customers the consequences for shopping

Created: 03/11/2022 07:46

By: Dominik Jahn

The end of the Maestro system means a change for customers and dealers.

With Kaufland, a food company has commented on the consequences for shopping.

Some merchants may incur additional charges.

Many topics are currently being discussed in relation to the food trade.

Some companies have already commented on certain points.

When asked by

echo24.de

, there were clear guidelines for a possible mask requirement when shopping at Kaufland and Lidl.

And there has also been speculation about possible consequences for customers after leaving the Maestro card.

From July 2023, the Maestro function for new giro cards will no longer be available.

The problem: In some shops, the EC card is the only accepted cashless payment method.

Most recently, the savings bank presented its planned successor to the popular card - the new savings bank card.

But what about the switch to retailers such as Kaufland, Lidl and Co.?

End of the Maestro function when shopping: retailers have to change

According to the

Handelsblatt

, the reports about the end of the Maestro function of the giro card had "startled" many traders.

For some of them, the change means a conversion of the payment system - and thus possibly additional costs.

Company:

Kaufland

Headquarters:

Neckarsulm

Founding:

1984 in Neckarsulm

Sales: \t

21 billion euros (2019)

According to the report:

“Anyone who already has a card reader simply has to activate it to accept credit cards.

This usually requires an additional contract (supplement), since credit card payments are often processed via a different service provider (acquirer) than EC payments

”.

This will incur additional costs for some retailers.

But what about the large grocers in the Schwarz Group?

What's in store for Kaufland and Lidl?

Off for Maestro card: This is how Kaufland deals with the changeover

Kaufland spoke to echo24.de

about

the changeover and possible consequences for customers and the company.

Accordingly, over time, the

“offer has been expanded in line with technical developments and consumer expectations”

.

According to their own statements, Kaufland customers can pay in the branches with Girocard, Visa, Mastercard, American Express as well as Maestro, Vpay, GooglePay and ApplePay –

“provided the cards or devices are contactless”

.

also read

New traffic sign: 70 euros penalty and point possible - what it means

Kaufland and Lidl pay employees a bonus of 40 million euros – “outrageous”

Kaufland is well prepared for the switch to the Maestro system

According to Kaufland, there should not be any major problems with the abolition of the Maestro system.

The grocery giant from Neckarsulm explains that no conversion is necessary for this: "The planned abolition of the Maestro function for new giro cards will not lead to any restrictions on card payments for customers in our branches and will also have no effect on our card terminals."

The food giant recently commented on a possible reduction in opening times.

But here you can see that the decision lies with the customer, as the company revealed when asked.

Source: merkur

All life articles on 2022-11-03

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.