Tag · 2 stories
#Interchange Fee
Cashflow ◆
Excessive payment surcharge ban now in effect; consumer advocate encourages no surcharges
All businesses across Australia are now banned from hitting customers with excessive surcharges for using certain types of EFTPOS, Mastercard, Visa and American Express cards to make payments. The excessive surcharging ban has applied to large businesses since September last year and now extends to all businesses that are either based in Australia or use […]
James Harkness · 2 min
Finance ◆
New interchange fee regs: is your business credit card still rewarding your spending?
There has been a lot of talk about changes to credit card rewards programs in 2017. You might even have received a notification from your bank recently about how your rewards program is about to change. This is because of new interchange fee regulations that rolled out from 1 July 2017. In 2016, the Reserve […]
Sally McMullen · 2 min