sbs.com.au
The ban has been in place since September last year, and is now extended to all businesses based in Australia, or using an Australian bank. “The good news for consumers is that businesses can now only surcharge what it actually costs them to process card payments, including bank fees and terminal costs," ACCC Deputy Chair Dr Michael Schaper said. "For example, if a business’s cost of acceptance for Visa Credit is 1.5 per cent, consumers can only be charged a surcharg…
about 8 years ago