The Reserve Bank of Australia, or RBA, has introduced new rules for surcharging for all businesses. Fines for excessive surcharging can be steep, so check with your credit card provider. Fixed fees are no longer considered acceptable, except in limited cases. A percentage surcharge is acceptable, however. Payment methods not affiliated with Australian banks are exempt. Additional fees may be claimed, as can fraud insurance for VISA, but not phone lines for the credit terminal. You must provide records that justify these figures. Finally, the booking and service fee remains as before but must be counted prior to the surcharge.
Read more: Payments surcharging
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