Indue Limited - Notification - N94702

Applicant(s)

  • Indue Limited

Notification number(s)

  • N94702

Summary

Indue proposes to offer prepaid cards to customers and charge cardholders a fee for using foreign ATM's. The notified conduct involves Indue charging a higher fee for using Westpac ATM's than non Westpac ATM's. However, because Westpac will not charge Indue cardholders direct transaction fees the overall cost to the card holder of using a Westpac ATM will be less than the cost of using a non-Westpac ATM.

Notifications

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ACCC correspondence

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