Common use of Surcharging Clause in Contracts

Surcharging. 6.1 You must ensure that you: (a) charge a Customer a price for goods and services comparable to the price it charges for cash for those goods and services; (b) honour the payment of goods or services by a Customer via the Debit and Credit Facility in accordance with this Agreement; (c) clearly disclose any surcharges that might apply before processing the Transaction, if you charge a fee for Transactions; (d) include any surcharge in the relevant Transaction and not process as a separate Transaction; (e) limit the cost of the surcharge to the permitted surcharge as defined by the Reserve Bank of Australia in a standard or other instrument as updated; and (f) before a Transaction is completed, allow the Transaction to be cancelled, without the Customer incurring any cost after advising the Customer of the total Transaction amount. 6.2 You acknowledge that the card issuers may from time to time change the classification of a card (i.e. standard or premium) and, as a result when applying a surcharge rate to a Customer, it cannot be guaranteed that the classification of the card on which you have based the surcharge will be the same as the classification on which you are charged a merchant service fee in relation to the same Transaction. 6.3 You must pay any fines associated with your non-compliance of Card Scheme surcharging rules.