Help & support
Surcharging isn't compulsory. If you decide to surcharge in the future, you'll need to make sure you follow the rules by not surcharging more than it costs you to process card transactions.
Monthly Cost of Acceptance information will be available on your first merchant statement. For the period where Cost of Acceptance isn't available, you can choose not to surcharge or to surcharge at a rate that is deemed reasonable for the month. A reasonable surcharge is a rate no higher than what it costs you to process a transaction.
You should only have to review the level of surcharge once a year using your annual Cost of Acceptance information. If this isn’t available (because you’re a new merchant), your business is seasonal, or your transactions change from month to month, you can change your surcharge limit on a monthly basis using your monthly statements.
The Australian Competition and Consumer Commission (ACCC) may take action against any merchant whose card surcharge exceeds its Cost of Acceptance. For more information, refer to the links below.
Your Cost of Acceptance is shown as N/A when there isn’t enough information to calculate your Cost of Acceptance. This may occur if you’re a new merchant or your facility has been inactive for some time.
Yes, but you must set the surcharge at the level of the lowest Cost of Acceptance across all card types. Surcharging rules don't allow you to surcharge an average of the percentages shown under the (%) of net sales column.
The regulations don't prevent you from imposing a payment surcharge as a flat or fixed fee, but it may be easier for you to apply a surcharge as a percentage because in most cases payment costs are charged in percentage terms.
When surcharging with a flat or fixed fee, make sure the amount of the surcharge doesn't exceed your Cost of Acceptance for any given transaction. You should also be careful when imposing a flat fee surcharge where the cost of a transaction is relatively small, as the surcharge is likely to be excessive.
Debit transactions are processed when the card holder uses an EFTPOS key card or Scheme debit card and selects CHQ or SAV. Credit transactions are processed when the card holder selects credit on the terminal and usually when cards are tapped.