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Small business ombudsman says big banks feeding off small business

- December 13, 2018 < 1 MIN READ

As more and more Australians adopt Tap-and-Go payments, small businesses are suffering under crippling transaction fees despite a promise from the big four banks to reduce costs. The House of Representatives Standing Committee on Economics recommended banks introduce the least-cost routing of their tap-and-go payments for debit cards by April 1 2018. Yet despite this, they… Read more »