Surcharging

News about surcharging and consumer fees and how these are being regulated.

Governments probe non-card options as taxpayers face millions in fee bills

Governments probe non-card options as taxpayers face millions in fee bills

Federal government agencies and at least two state governments are collectively looking for ways to dodge more than an estimated $100 million ...
The end of surcharging or the rise of convenience fees?

The end of surcharging or the rise of convenience fees?

Vibhu Arya, the former Country Leader for Payments & Financial Services at IKEA Australia New Zealand, writes that when surcharging disappears on ...
ACCC sets ground rules for cash and A2A discounts ahead of card surcharge bans

ACCC sets ground rules for cash and A2A discounts ahead of card surcharge bans

The ACCC has issued long-awaited guidance on how businesses can legally alert customers to cash, PayTo, PayID and other non-card payment method ...
Taxi drivers could cop card fee pain under new surcharge rules

Taxi drivers could cop card fee pain under new surcharge rules

Struggling taxi drivers may be among the small businesses to cop the brunt of card fees under “no surcharge” scheme rules from ...
Visa spent 15 years killing surcharges now it wants the banks to do the dirty work

Visa spent 15 years killing surcharges now it wants the banks to do the dirty work

With every major scheme now committed to no-surcharge rules from October 1, attention turns to the wording no one will publish, the ...
US scheme twins Visa and Mastercard move in lockstep on “no surcharge” rules

US scheme twins Visa and Mastercard move in lockstep on “no surcharge” rules

Just days after eftpos and American Express, card scheme giants Visa and Mastercard have formally confirmed what most of the payments industry ...
Punters to pay for rewards, as costly Amex applies “no surcharge” rule and Tyro complies

Punters to pay for rewards, as costly Amex applies “no surcharge” rule and Tyro complies

Struggling small businesses and their customers will be forced to pay for costly premium Amex rewards programs and international card fees, after ...
eftpos moves first on “no surcharge” rule but may face resurgence of terminal service fees

eftpos moves first on “no surcharge” rule but may face resurgence of terminal service fees

eftpos owner Australian Payments Plus (AP+) plugs least cost routing as merchants prepare to swallow billions in fees and questions swirl about ...
The RBA hasn’t banned surcharges — and the difference matters

The RBA hasn’t banned surcharges — and the difference matters

Misunderstanding the scope of the Reserve Bank of Australia’s change of position will cost merchants real money and acquirers real customers — ...
Fiserv doubles down – bans its merchants from recovering fees from all networks and international tourists

Fiserv doubles down – bans its merchants from recovering fees from all networks and international tourists

While the Reserve Bank of Australia (RBA) and ACCC have only talked about surcharge restrictions for Visa, Mastercard and eftpos, US payments ...
Webjet falls victim to RBA payments changes as Virgin returns to in-house package tours

Webjet falls victim to RBA payments changes as Virgin returns to in-house package tours

Virgin is quickly following Qantas into package tours and non-card partners as it moves to counter cuts to interchange and the card ...

TRENDING ▸

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information