okwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 2 days agoAustralia's card surcharge ban starts tomorrow. Here's everything you need to knowwww.sbs.com.auexternal-linkmessage-square42fedilinkarrow-up186arrow-down10
arrow-up186arrow-down1external-linkAustralia's card surcharge ban starts tomorrow. Here's everything you need to knowwww.sbs.com.auokwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 2 days agomessage-square42fedilink
minus-squareMisterFrog@aussie.zonelinkfedilinkEnglisharrow-up1·edit-21 day agoDoes that apply to the payment provider (the services that provide the terminals, etc?) Or are we just relying on the “free market”, which failed until this intervention, to re-price their services now that card fees are lower? Genuinely curious as I couldn’t find the info
minus-squareDimand@aussie.zonelinkfedilinkEnglisharrow-up2·14 hours agoMy reading of it is that it does. How it is enforced I don’t know. I assume the business would need to report someone for over charging them in transaction fees given that we don’t see what the fee is.
Does that apply to the payment provider (the services that provide the terminals, etc?)
Or are we just relying on the “free market”, which failed until this intervention, to re-price their services now that card fees are lower?
Genuinely curious as I couldn’t find the info
My reading of it is that it does. How it is enforced I don’t know. I assume the business would need to report someone for over charging them in transaction fees given that we don’t see what the fee is.