How the credit card surcharge ban is impacting businesses | ABC NEWS
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Businesses across Australia can no longer add a surcharge to card payments. The Reserve Bank imposed the ban in a move that it says will save customers nationally about $1.6 billion a year. The change, which took effect from October 1, means shops cannot pass on the card fees directly. While the general public might appreciate simpler pricing, many businesses turned to surcharges in an effort to keep their advertised prices low. #ABCNewsTas #Surcharges #CreditCard Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, Hobart, government policy, mastercard, American Express, visa
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