Stop crippling card fees adding further cost to your business!
On behalf of MGA TMA members, MGA TMA has advocated for several years for lower merchant fees, access to LCR (Least Cost routing), transparency of exorbitant card fees and retention of eftpos as choice on all debit cards.
The Reserve bank of Australia has not been sympathetic to the cause of small businesses and is proposing to allow banks to remove the eftpos facility from debit cards allowing a single network debit card. This will be very costly for Small Businesses!
This will hugely impact the viability of MGA TMA members businesses as well as impact your customers too, as they won’t be able to take cash out at the register!
MGA TMA stated this critical matter in a recent submission to the Reserve Bank - that Grocery, Supermarket, Bottleshop and Timber and Hardware sector members card transaction costs will further increase if the RBA does not step in to help reduce this impact to family and private businesses.
MGA TMA encourages members to request from every customer coming into your store that they help keep card fees down by signing the petition to the Reserve Bank and Federal Government – to help save your business from crippling debit card fees.
Members and your customers please show your support by signing this petition to demand the Reserve Bank and Federal Government make low-cost card payments the default for small and local businesses and keep Australia’s local payment network, eftpos, as a choice on all debit cards.
How can you help?
We urge you to ACT NOW to involve your customers and help STOP this unjust and detrimental decision being made. Join the fight by following the links and actions below, to play your part to save YOUR business!
Petition: Every signature counts
Click on the link to change.org to sign the petition today