Mmastodon BusinessBanking first seen 1 d ago, last 14 min ago, peak #1
Debate Over Bank Card Surcharge Ban Puts Banks in Spotlight
Original: ## Bankcards Surcharge Beatups Everything regarding the ban on # CardSurcharges can be simply understood by asking one s
Discussion around Australia's ban on card surcharges is drawing attention, with critics framing the issue by asking who profits from card use and its charges, pointing to banks. The argument holds that banks benefit from the fees attached to electronic payments, and that most problems surrounding surcharges and payment costs trace back to that interest.
Why now: Australians are actively debating who bears the cost of card payments amid moves to ban surcharging.
Rank over time, top of the chart is #1. 18 snapshots from 23 h ago to 14 min ago.
Evidence
- ## Bankcards Surcharge Beatups Everything regarding the ban on # CardSurcharges can be simply understood by asking one simple question: “Who *profits* from such bankcard use and the charges it attract s?” There you go… **BANKS**. That’s it. All issues and underlying problems… · RaymondPierreL3@aus.social · 16
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