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In Australia, despite the credit card companies and banks fighting tooth and nail against it, it's legal for merchants to charge credit card fees and the fees h
by jpatokal 8y ago
In Australia, despite the credit card companies and banks fighting tooth and nail against it, it's legal for merchants to charge credit card fees and the fees have to be proportionate to the actual merchant cost.
https://www.accc.gov.au/consumers/prices-surcharges-receipts/credit-debit-prepaid-card-surcharges https://www.accc.gov.au/consumers/prices-surcharges-receipts...
Unsurprisingly, nobody uses AmEx or Diners here, because nobody's keen on paying 2% surcharges.
- stephen_g 8y agoPlenty of places charge no fee for Amex. Usually bigger ones like Woolworths, Coles, David Jones, etc. I use it whenever I can (for the frequent flyer rewards), and I expect quite a lot of people do since they do billions in revenue over here (but unfortunately have managed to pay no tax in Australia for several years according to investigative journalist Michael West [1]). 1. https://www.michaelwest.com.au/american-express-pays-no-tax-on-multibillion-dollar-australian-operation-for-seven-years/ https://www.michaelwest.com.au/american-express-pays-no-tax-...
- jpatokal 8y agoOh, I used to use Amex here myself, but no-fee Amex acceptance really is limited to the thousand pound gorillas who can extract the best rates for themselves. Then the banks gutted consumer earning rates and I got tired of swapping between Amex and Visa in Google Pay, so I changed to a Visa with slow but steady points everywhere.