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ACCC action on merchant fees sounds clear warning

08/22/2019

ACCC action on merchant fees sounds clear warning

Recent action by the ACCC in obtaining penalties against a company that charged consumers higher than the allowable level of merchant fees, highlights the care that Newsagents must take when applying a merchant fee surcharge to purchases. In this case the penalties imposed by the Federal Court were $350,000 even though the individual “over charges” were relatively minor.