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New credit card surcharge laws for SMEs

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Running Time: 8:06

Date: 01/09/2017

Penalties for non-compliance are hefty, so it's well worth knowing about the new credit card surcharge laws.

What only applied to big businesses from September last year now applies to all businesses. The Australian Competition and Consumer Commission is in charge of compliance of the new rules and Deputy Chair, Dr Michael Schaper, discusses the changes and why they were introduced.

  

Topics: Legal


Dr Michael Schaper, ACCC