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Volume: 2 Issue: 8
(August 2008)
Keywords:
credit card
australia
interchange fees
american express
fees
surcharge
Authors:
zoran knezevic
Organisations:
east & partners
Jurisdictions:
australia
Australia: Interchange: impact of credit card surcharging
The Reserve Bank of Australia removed a 'no surcharge' rule in 2002, to promote efficiency and transparency in the payments system. Zoran Knezevic, Analyst with East & Partners, explains the implications that removal of the rule has had for credit card charges in Australia.
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