From the Summary Podcast - The Surcharge Ban Backfire
From the Summary Podcast - Four weeks after the ban on card surcharges came into effect, customers and business owners are still dealing with confusion, rising costs, and unexpected price hikes. While the reform was designed to increase transparency at the checkout, many cafes and venues have lifted overall prices well beyond the cost of payment processing.
On this episode of The Summary, host Josh Bryant looks into whether the surcharge ban delivered on its promise or simply triggered a new round of inflation. Clinton Maynard, host of Money News, breaks down the actual transaction costs for…
The skinny
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