Excessive payment surcharge ban now in effect; consumer advocate encourages no surcharges

By James Harkness · 4 September 2017 · Cashflow

Excessive payment surcharge ban now in effect; consumer advocate encourages no surcharges

Full details: Excessive payment surcharge ban now in effect; consumer advocate encourages no surcharges

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Summary

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 […]

Tags: Accc, American Express, Chris Zinn, Consumer Advocate, EFTPOS, excessive surcharge ban, interchange fee, MasterCard