Ann: Market update on debit card surcharging in Australia., page-7

smp will be turning their thoughts to how to restructure how they charge right now. But yeah big impact on how they grow unless they can come up with something that is attractive for merchants. and why not? they've been willing and able to come up with an attractive offering once. maybe they will have thresholds, for example, pay nothing until you reach x value of transactions. who knows what it will be but a shake up of the status quo doesn't necessarily mean they are the automatic loser, even though it impacts them prima facie more than it does other terminal companies.