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PayDay News | Australian Payments News

Battles lines drawn over surcharging

Senior Business Correspondent
9 Dec, 2024
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Michael Sainsbury
Senior Business Correspondent
9 Dec, 2024
Add us as a preferred source on Google
Battle lines are being drawn over the push by the Federal government to ban surcharging, with payments service providers, banks, schemes and small businesses vying for a favourable outcome in the Reserve Bank of Australia’s review of card payment costs and surcharging.
Battles lines drawn over surcharging
PSP Zeller and its CEO Ben Pfisterer has been waging a war on LinkedIn, correcting what it calls “misinformation” and claiming its blended 1.4% “$0 for EFTPOS” surcharging model is preferred

Battle lines are being drawn over the push by the Federal government to ban surcharging, with payments service providers, banks, schemes and small businesses vying for a favourable outcome in the Reserve Bank of Australia’s review of card payment costs and surcharging.

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