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Monday, 14 March 2011

New EFTPOS Fees Coming

Banks will be introducing a new fee on EFTPOS transactions of $15 or more. The 5c fee is payable by traders and will be introduced in October 2011. We could give you the reasons for the increase but it is in bank gobbledigook speech so perhaps you could read the article here - http://www.insideretailing.com.au/Latest/tabid/53/ID/10237/New-Eftpos-fees-announced.aspx