No Card Surcharges: Who Pays the Price?
Australia's RBA banned merchants from adding surcharges for card payments. Merchants still pay interchange fees to banks, squeezing margins. Businesses are debating whether to raise all prices or offer cash discounts.
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- Australia's RBA banned merchants from adding surcharges for card payments.
- Merchants still pay interchange fees to banks, squeezing margins.
- Businesses are debating whether to raise all prices or offer cash discounts.
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