COVID and Brexit have left Guernsey businesses in a minefield, according to the newly-elected president of the Guernsey Chamber of Commerce, Diane De Garis.

As a result of the UK leaving the EU, major card networks now consider transactions between the UK and European Economic Area (EEA) to be cross-border. Stripe will be making some changes to fees between Europe and the UK to reflect this, starting on the 1st of July 2022.