
1 minute read
Automatically apply a card surcharge
from Minfos What's new issue 12
by minfos
Easily pass the cost of your customer’s card surcharges back to your customers
Rather than manually processing credit and debit surcharges onto your customer’s cards, you will be able to automatically pass on any costs incurred from a card provider to the customer. This will allow you to accept more payment types, e.g. AMEX, without incurring the cost.
According to the ACCC “If a business chooses to impose a surcharge on its customers for making a payment using a credit, debit or prepaid card, the level of the surcharge must not be excessive. The ACCC will investigate complaints of excessive payment surcharging and take enforcement action where necessary.”
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