Federal government promises to crack down on card surcharges by 2026 https://www.abc.net.au/news/2024-10-14/federal-government-to-crack-down-on-card-surchages/104472152
period_blood_hole on October 14, 2024 3:11 pm I’m stoked actually something is been done about this, I have always though they where a rout Free money to card companies
dooganau on October 14, 2024 3:52 pm Cash is almost dead, banks are saving plenty on ATM stocking and placement fees. Debit should be free for consumers and business.Â
flintzz on October 14, 2024 3:54 pm Perhaps they should fund the RBA to upgrade PayID to use QR code or NFC
brooksofmaun on October 14, 2024 5:25 pm Eh, give us two years and we’ll probably start cracking down on it. Is this good enough to actually mean anything beyond lip service to anyone?
Bob_Spud on October 14, 2024 7:13 pm About time. If they want to go cashless then consumers and businesses should not be penalised for that.
6 Comments
I’m stoked actually something is been done about this, I have always though they where a rout
Free money to card companies
Good.
Cash is almost dead, banks are saving plenty on ATM stocking and placement fees. Debit should be free for consumers and business.Â
Perhaps they should fund the RBA to upgrade PayID to use QR code or NFC
Eh, give us two years and we’ll probably start cracking down on it. Is this good enough to actually mean anything beyond lip service to anyone?
About time. If they want to go cashless then consumers and businesses should not be penalised for that.