2 Articles
2 Articles
How dishonour fees are hurting small-business loyalty
New research from bank payment company GoCardless has revealed a strong sentiment among Australians regarding dishonour fees, with 87 per cent saying such fees should fees should be banned or limited and 76 per cent saying these are unfair. Dishonour fees are fees imposed by a financial institution when a payment doesn’t go through or fails, for example, if there are insufficient funds in the account or an error in the payment details. Figures s…
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