Australian businesses could be losing up to 56 per cent of customers due to minimum spends or not accepting card as a payment method.
A study commissioned by Mastercard revealed that four in...
On September 1, the Reserve Bank of Australia introduced a ban on businesses charging excessive payment surcharges on credit card purchases, limiting surcharges to the cost of processing the payment. The RBA...
Retailers will see a reduction in their cost of doing business should the new standards for Australian card payment systems proposed by the Reserve Bank of Australia this week be approved.
Surcharging frameworks...
