Cabcharge provided an outline of its views yesterday – and what might be the basis of future legal action – over forthcoming curbs on credit card surcharging.
In a statement, released through the ASX, the taxi payments processor said that "it does not anticipate that [the curbs] will affect is service fees."
On Tuesday, the Payments System Board published proposed regulations that will allow credit card schemes to introduce rules that limit surcharging. It proposes to bring the regulations into force from the beginning of 2013.
The PSB proposes that surcharges will be...
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