The Reserve Bank of Australia (RBA) has released its Conclusions Paper into its Review of Card Payments Regulation and the final standards for card payment surcharging (which can be accessed here).
These changes will directly affect ticketing agents that currently (or intend to) surcharge customers who purchase tickets using a credit or debit card.
What has changed?
The changes will take effect on 1 September 2016 for large merchants and on 1 September 2017 for small merchants.
Further information on card payment surcharging can be found on the RBA website.
Should you have any queries in regard to credit card surcharging, please contact Director, Policy and Programs Kim Tran at firstname.lastname@example.org or (03) 8614 2000.
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