AndyGoodyear
Member
- Joined
- Aug 31, 2012
- Posts
- 230
New legislation passed today (effective July 1st) mean that companies can no longer charge outrageous credit card fees and can only pass on the actual transaction cost. The article below mentions Qantas and the $7 surcharge, stating that the actual cost incurred by Qantas for a cheap flight is closer to $1.56. I wonder if the base fares or fuel surcharge will be enhanced to make up for it.
Excessive card surcharges banned as Senate passes new legislation
Excessive card surcharges banned as Senate passes new legislation