okwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 1 day agoWhen will ban take effect? What to know about Australia's card surcharge changeswww.sbs.com.auexternal-linkmessage-square14fedilinkarrow-up134arrow-down11
arrow-up133arrow-down1external-linkWhen will ban take effect? What to know about Australia's card surcharge changeswww.sbs.com.auokwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 1 day agomessage-square14fedilink
minus-squareFreedomAdvocatelinkfedilinkEnglisharrow-up3arrow-down1·1 day agoThis is good on paper, but all it means is retailers will add the fee on to the price, increasing prices across the board.
minus-squarecdzero@lemmy.mllinkfedilinkEnglisharrow-up1·18 hours agoThe fee incurred by the merchant will also be reduced by way of the bank’s fee to them being capped.
minus-squareForgottenUsername@lemmy.worldcakelinkfedilinkEnglisharrow-up1·edit-21 day agoYour $5.08 coffee with surcharge will now be $5.20 without
minus-squareosanna@lemmy.vglinkfedilinkEnglisharrow-up1·edit-21 day agothat’s true. When they pass things like this, the expectation is prices will go down. Prices never go down. it just means the retailers will get more of the profits :/ LINE MUST GO UP!
This is good on paper, but all it means is retailers will add the fee on to the price, increasing prices across the board.
The fee incurred by the merchant will also be reduced by way of the bank’s fee to them being capped.
Your $5.08 coffee with surcharge will now be $5.20 without
that’s true. When they pass things like this, the expectation is prices will go down. Prices never go down. it just means the retailers will get more of the profits :/
LINE MUST GO UP!