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\
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Below is a link to an article regarding surcharging on credit...
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