The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through surcharges.
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The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through surcharges.
The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through surcharges.
The Reserve Bank of Australia is proposing sweeping changes to the way card payments are handled in Australia - these changes could directly impact...
The Reserve Bank of Australia is proposing sweeping changes to the way card payments are handled in Australia - these changes could directly impact...
The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to...
The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to...
Follow along with all the stories making headlines this morning.
Follow along with all the stories making headlines this morning.
Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.
Earning points on credit cards is about to get harder as the RBA plans another round of cuts to 'interchange fees', leaving card issuers with less...