government must do to implement its surcharge ban which was announced on TuesdayThe government's crackdown on debit card fees will involve a ACCC review into excess card costs, excluding credit cards, in a bid to east cost-of-living pressures.
The government's fresh bid to ban surcharge fees has been met with a double-pronged approach to best avoid the banks stinging customers further down the track. Picture: artursfoto/Getty Images Mr Foukkare said he would welcome the surcharge abolition if the payment system underwent a reform, adding the “underlying” fees associated with transacting were currently falling on the retailer, which were dumped on the consumer.
“It's crazy that we are faced with a situation where consumers are getting slugged every single time they actually pay at the table for anything across any retailer.”
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