Card surcharge ban leads small businesses to raise prices | Sunrise
By Sunrise
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The Reserve Bank of Australia has banned businesses from passing card transaction surcharges onto customers, leaving small business owners to either absorb the costs or raise their overall prices. While banks continue to charge these fees, which are now capped but not eliminated, small businesses are legally prohibited from passing them on. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS
Tags: 7NEWS Australia, 7newsaustralia, RBA, Sunrise, The Morning Show, australia, banking fees, card surcharges, celebrity news, channel 7, entertainment, entertainment news, latest news, latest news today, news australia, price increases, seven news, small business
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