Australians lose nearly $1 billion a year to card surcharges as RBA warns banks to stop (www.abc.net.au)

submitted 6 months ago by [email protected] to c/[email protected]

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Unlike in the UK and the European Union where card surcharges are banned, retailers in Australia are allowed to recoup their payment costs through surcharging their customers, as long as they are not making a profit out of it.

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[-] [email protected] 2 points 6 months ago

i dont get why it's a percentage... the database on the server thats on whether transactions are happening or not, the always on internet connection, doesnt cost more because i bought a pastry with my coffee today.. what the!?

this post was submitted on 11 Mar 2024

69 points (98.6% liked)

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