Why inserting or swiping your card could help you save on surcharges

Have you bought a coffee or paid a bill recently? However, if the business only accepts card payments, and there is no way to avoid paying a surcharge, the ACCC says the extra cost needs to be included in the advertised price. You might save on surcharges by swiping or inserting your card If you use a debit card, it's likely a "dual network" card, meaning it can be used to make payments via the Mastercard/Visa network as well as the eftpos system. Some bank cards can use eftpos when tapped rather than Visa/Mastercard's more expensive system, which can reduce surcharges without the need for inserting your card. The ACCC have published estimated average costs for different card payment types: Eftpos : less than 0.5 per cent.