Below is a link to an article regarding surcharging on credit cards...
in the article commenst like the cost is .086%....and choice says "2% for Amex etc"
These statemnets are totally innaccurate...I work in that industry..amex cherges businesses up to 2.75% + gst...and even with special rates mosts businesses will pay far more than 1% on credit card fes...some I have seen are charges 3%...
So a legitamate business who is charged say 1.5%..puts a surcharge on of the same amount to cover extra costs..and the customer thinks they are being ripped off..
Mis-information is rife.... but there is there a way to stop it???
http://www.abc.net.au/news/2013-03-18/new-rba-rules-to-cut-card-surcharges/4579168?section=business\
- Forums
- General
- how do we stop innaccurate information
how do we stop innaccurate information
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online