Small retailers urged to trial not surcharging ahead of next year’s ban on excessive fees

Summary

In May, this year, the Reserve Bank of Australia released a new surcharging standard, which introduced a ban on excessive surcharges. The ban, which is being enforced by the Australian Competition and Consumer Commission (ACCC), commenced for large retailers this month but all other merchants have until 1 September 2017 to comply with it. Dynamic […]

Tags: ban, Chris Zinn, Competitive Advantage, Consumer, excessive surcharge, merchant, Rba, repeat business