counter ‘Screwed’: Consumers to wear cost of RBA card surcharge ban but central bank insists it won’t be inflationary – Forsething

‘Screwed’: Consumers to wear cost of RBA card surcharge ban but central bank insists it won’t be inflationary

Shoppers could end up paying more than the $1.2 billion the RBA claims consumers would save a year by scrapping surcharge fees on card payments, a move that has provoked the ire of business groups.

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