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  1. Credit, debit & prepaid card surcharges

    13 August 2021 - Businesses are banned from charging excessive payment surcharges on credit, debit and prepaid card payments. The ACCC will investigate consumer complaints and take enforcement action where necessary. Payment surcharges Ban against excessive surcharges Included and excluded payment types Typical surcharge costs If businesses introduce other fees Applying a surcharge to all …
  2. Nine Entertainment pays penalties for alleged excessive payment surcharges

    2 July 2021 - issued them with 12 infringement notices for allegedly charging subscribers and advertisers excessive payment surcharges … and advertiser transactions processed by Nine in which a payment surcharge was applied involved an excessive payment surcharge. Nine applied payment surcharges to digital and home delivery subscription services as well as radio, publishing, TV and digital …
  3. Europcar to pay $350,000 penalty for excessive card payment surcharges

    14 August 2019 - for charging excessive credit and debit card payment surcharges in breach of the Competition and Consumer Act 2010. Europcar … had charged excessive surcharges on Visa and MasterCard debit cards. “Europcar imposed excessive surcharges … and sophisticated business, Europcar was well aware of its obligations to comply with the law prohibiting excessive surcharges
  4. Prices, surcharges & receipts

    23 June 2016 - a payment surcharge that is excessive. Make sure you keep a copy of your receipt or some other proof of purchase in case … at cash register Credit, debit & prepaid card surcharges A new ban stops businesses from charging payment surcharges … action where necessary. Prices, surcharges & receipts …
  5. Lloyds Auctioneers pays penalty for excessive payment surcharges

    17 October 2018 - issued three infringement notices for alleged breaches of the excessive payment surcharges law. From September 2017 to March 2018, Lloyds charged customers a 2.25% surcharge when making credit or debit card payments online for auction items purchased. The ACCC considered these surcharges were excessive because they were higher than Lloyds’ cost of processing those …
  6. Correction: Cruisin Motorhomes pays penalty for excessive payment surcharges

    17 July 2018 - an infringement notice for an alleged breach of the excessive payment surcharge laws in the Competition and Consumer Act 2010 … surcharge, despite the cost of processing the payment ranging from 0.41 to 1.48 per cent. The excess payment surcharge laws … of acceptance for MasterCard debit is 0.41 per cent, a business can only add a surcharge of 0.41 per cent for customers who pay …
  7. ACCC takes action against Europcar for excessive card payment surcharges

    25 July 2018 - for allegedly charging excessive credit and debit card payment surcharges, in breach of the Competition and Consumer Act 2010 … above what it cost Europcar to accept those payments. The ACCC also alleges excessive payment surcharges were imposed … charged surcharges of up to 1.43 per cent, although the rates varied over time and by the type of card. The ACCC alleges …
  8. Ban on excessive surcharging by large businesses starts today

    1 September 2016 - on charging consumers excessive payment surcharges, which commences today. “The new law limits the amount a large business can … large businesses to review their pricing practices. We expect to see a move from flat-fee surcharges for purchasing items like flights, towards percentage-based or capped surcharges. The ACCC is aware that some event ticketing companies …
  9. Price displays

    8 May 2022 - unless and until you deselect them. Restaurants, cafes & bistros Restaurants, cafes and bistros that charge a surcharge on certain days do not need to provide you a separate menu or price list or have a separate price column with the surcharge included. However, the menu must include the words 'a surcharge of [percentage] applies on [the specified day or days]' …
  10. Private health insurance

    7 May 2022 - Levy Surcharge, as distinct from the Medicare Levy, is an additional tax imposed on high-income earners who do not have … for individuals or $180,000 for families as at 2016/2017) will save on the Medicare Levy Surcharge by purchasing appropriate private health insurance. The majority of Australian consumers do not incur the Medicare Levy Surcharge and are not able to save …