oz_mark
Enthusiast
- Joined
- Jun 30, 2002
- Posts
- 21,179
Maybe the ACCC?
What do you think they could do?
Maybe the ACCC?
Someone needs to investigate Airline CC charges, as the airlines need to justify their true cost and show real transparency. Perhaps the airlines should make it easier to pay in cash, perhaps you could pay book the flight and pay at the airport or at a WW store?
What do you think they could do?
Instigate an expert report, have a press conference, go to lunch!
Wow - those businesses really need to shop around... when I applied for my personal side-business (with less than $50k/yr turnover), I was offered 0.98% for Visa/MC, 1.95% for Amex, and 2.98% for Diners... the only disadvantage being that the Signature/World/Corporate/International Visa and MCs attract higher fees (about 1.6-1.8%), with the exception of international MC/Visa cards, which cost 2.75% (have never processed any of these).Of course, the 1.1% and 1.8% fees I quoted are for a small business with EFTPOS transations of about $ 3.5 Million
Another business is getting 1.5 for VI/MC and was offered 2.5% for Amex for about $ 1 Million through EFTPOS
Woolies and those companies wouldn't be paying much.....
Wow - those businesses really need to shop around... when I applied for my personal side-business (with less than $50k/yr turnover), I was offered 0.98% for Visa/MC, 1.95% for Amex, and 2.98% for Diners... the only disadvantage being that the Signature/World/Corporate/International Visa and MCs attract higher fees (about 1.6-1.8%), with the exception of international MC/Visa cards, which cost 2.75% (have never processed any of these).
Consumer advocacy group Choice says Qantas is charging $100 million in excess credit card fees every year under the guise of covering processing costs.
Qantas charges $7.70 for credit card payments on domestic bookings, and four times that amount for international bookings.
The airline says it does not make any money from those fees.
"Qantas does not collect more in surcharges that it costs us to offer credit cards as a payment option," a Qantas spokesperson said.
"We also provide customers with alternatives to using credit cards."
The Reserve Bank's payments system board is meeting today, and Choice head of campaigns Matt Levey is hoping the central bank will introduce new limits on surcharges.
"Qantas was one of the first major Australian businesses to impose credit card surcharges following the Reserve Bank of Australia’s move to allow such charges from 1 January 2003," Mr Levey said.
Flights: | $28933.44 AUD |
Card Payment Fee: ($30.00 x 2 passengers) | $60.00 AUD |
Total paid this transaction: | $28993.44 AUD |
Somebody tell me that this in NOT just ridiculous!!
Flights: $28933.44 AUD Card Payment Fee: ($30.00 x 2 passengers) $60.00 AUD Total paid this transaction: $28993.44 AUD
Somebody tell me that this in NOT just ridiculous!!
That's for 2 pax MEL - LHR next week. Is the $60 REALLY necessary??
Flights: $28933.44 AUD Card Payment Fee: ($30.00 x 2 passengers) $60.00 AUD
Total paid this transaction: $28993.44 AUD
I think credit card fees should be dumped for ALL fares except Domestic Red E Deals.
Tried booking via P1 desk? have a whinge about the fee. Surly they have discretionary powers to waive it.]?
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I guess this comes down to the rich paying for the poor, or in the more common case, the other way around.
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