Turnbull Government Ban on Excessive Card Surcharging Extended to All Businesses

01 Sep 17

Nationals Member for Cowper Luke Hartsuyker is welcoming news that excessive card surcharging will be banned for all businesses from today, 1 September 2017.

“This action will ensure the people of Cowper are not ripped off when they make purchases with their cards. This gives our community the confidence that card surcharges reflect the true cost of the transaction, not an artificially inflated sum designed to profit gouge,” Mr Hartsuyker said.

“This means when families are making large purchases for the household they can be assured that they will be free from inflated card payment surcharges,” Mr Hartsuyker said.

“What households need in our region is practical and common sense action from government that is in a family’s best interest, not years of talk or promises. That’s the message hammered home to me when I move around the electorate,” Mr Hartsuyker said.

The extension of the ban to all businesses from today follows the regime that currently applies to large businesses brought in from 1 September last year.

Smaller businesses were granted extra time to prepare for the ban, but from today all businesses will need to cease any excessive surcharging. If they continue to impose a charge for card payments, they must restrict it to their reasonable cost of acceptance of the payment.

Businesses have been on notice for more than a year to review their surcharging practices and make sure they understand and comply with their obligations.

Consumer watchdog the ACCC will act as a strong cop on the beat to police these rules. If people find that they are being hit with an excessive surcharge when they go to the shops, buy tickets online or book a holiday, they should not hesitate to contact them on 1300 302 502.

Further guidance for businesses and consumers is available at: www.accc.gov.au.

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