Where Does Cash Supersurcharging Stop?
Concerns have been raised about businesses 'taking advantage' of Aussies by slapping on surcharges for everything. An Australian restaurant was found to be surcharging for cash and card at wildly different rates, highlighting the need for clearer regulations. The move could have significant implications for consumers who are increasingly being nickel-and-dimed by merchants.
- As surcharge practices become more pervasive, it's essential to consider whether businesses are using these fees as a way to disguise hidden costs or exploit customers who don't know better.
- Will regulators and industry bodies be able to effectively police the cash supersurcharging trend before it becomes the new normal in Australia?