- Mar 1, 2014
- 9,619
- 18,833
- AFL Club
- Port Adelaide
The banks get us every time, when I order parts from the UK for a couple of old Triumphs I have the bank double dips on the transaction for the direct debit, even though the supplier accepts my payment in AUD and there is no need for the bank to be involved.Businesses charge on a percentage of sale basis but it should cost no more to process a 1k sale than it does to process a 10K sale. Of course they will say they are only passing on the EFT charges etc. I recently discovered that at my local pub they apply a surcharge for card sales. Buy a beer with cash and you pay the asking price use a card and you pay a surcharge. It also applies to TAB, Keno and lottery sales. Of course they do not publicise this fact.
A cashless society will come at a cost to us the consumers.