Small businesses urged to prepare now for forthcoming excessive payment surcharge ban

By Dynamic Business · 10 July 2017 · Cashflow

Small businesses urged to prepare now for forthcoming excessive payment surcharge ban

Small businesses face a major cashflow shake-up

Get ready for a game-changing law that's about to hit your bottom line. Find out what you need to do now to avoid costly penalties.

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Summary

The Australian Competition & Consumer Commission (ACCC) is urging small business owners to prepare themselves for the excessive payment surcharge ban that will apply to all businesses from 1 September 2017. The new law limits the amount that a business can charge customers for use of payment methods such as EFTPOS (debit and prepaid), MasterCard […]

Tags: Accc, American Express, EFTPOS, excessive surcharge, MasterCard, Retail, Visa