Secure invoicing
I've just received an email about MYOB's secure invoicing upgrade which will add "multiple layers of security for a business" The email states that there will be "no change to your base subscript...
Forum Discussion
And can you also advise if this change complies with the ban on excessive surcharges as 1.8% plus 0.25c per transaction is much higher than listed as acceptable which starts at 0.5% as it is our business that the customer will complain about https://www.accc.gov.au/consumers/pricing/card-surcharges
Hi ORL - regarding adherence to the guidelines, the surcharging ban set by ACCC is in relation to 'Excessive' surcharging. Overall the rule is that "the surcharge must not be more than what it costs the business to use that payment type". Because the fee of 1.8% + 25c is what it costs the business, there is no excess. If for example, there was an ability to surcharge greater than what is charged to the business, lets say 2.5% + 25cents, then this would be against the ACCC ban as it is excessive/higher than the cost to the business.
