“For those AFTA members that are part of the AFTA Chargeback Scheme (ACS), your payment provider can help ensure that you are complying with the payment regulations, and ACS itself will ensure that you are protected against chargeback loss from supplier insolvency.
“We believe that given the recent enforcement activity by the ACCC AFTA members not yet part of the ACS should JOIN NOW to ensure that they are compliant with the law and access the protection against chargeback loss.
“In the first court case on excessive surcharging, the ACCC have commenced proceedings in the Federal Court against Europcar (CLA Trading Pty Ltd), alleging it has breached the Payment Surcharge Laws. The ACCC alleges that Europcar customers who used Visa or MasterCard credit cards during July and August 2017 were overcharged by at least 0.18% to as much as 0.65% for different cards and time periods.