Slimflow
21 days agoContributing Cover User
Card Surcharges
As of 1st of October will MYOB be charging us the 1.8% Credit Card surcharge + the .25c transaction fee or will it be removed as per the RBA's recommendation?
I understand the guidelines mean that we can no longer pass on the fee/surcharge post October 1st. But shouldn't the 1.8% be reduced given that MYOB's wholesale interchange fees will going down? If MYOB keep it at 1.8% we will definitely be turning this feature off. Please tell us now as invoices being sent out now may well be getting paid in October.
Hi Louisa33 , the fees associated with online payments (1.8%+25c) are being reviewed as part of the changes, but I do not know if/what the change will be.
I would recommend registering for the webinar as we might know more by then and be sharing during the webinar.
You can find the webinar registration details here to save your spot.
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