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Australian Businesses Raise Prices as Card Surcharge Ban Takes Effect
Merchants may still raise prices as interchange fees fall to 0.3% on credit cards and 0.16% on debit and prepaid cards, the RBA said.
Summary by WTVB
6 Articles
6 Articles
Australian businesses raise prices as card surcharge ban takes effect
By Scott Murdoch and Christine Chen SYDNEY, Oct 1 (Reuters) - Australian businesses said a ban on card surcharges that took effect on Thursday would force them to raise prices, casting doubt on government claims the change would lower living costs by e...
Sydney Morning Herald+3 Reposted by 3 other sources
Cash discounts and refunds: Your card surcharge ban cheat sheet
What’s changing, what businesses can and can’t display, how to get a discount or a refund, and more. Here’s everything you need to know about the new regime.
·North Sydney, Australia
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Total News Sources6
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
Factuality
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