Interchange plus pricing, sometimes written as interchange++ or IC+, is the payment processing model that established and high-growth merchants ask for by name. The premise is simple: show you exactly what every card transaction costs, then add one clear, agreed margin on top. Nothing averaged. Nothing hidden. If your business is …

For years, Australian small businesses ran on an unspoken safety net. When cash flow tightened, wages and suppliers came first; tax could wait. The ATO was treated as patient, forgiving, and slow to chase. In practice, it was a safe, ‘sure thing’ lender. That era has ended. As recently reported by Accountants Daily, the ATO is shi…

Media Release - 31st of March The Reserve Bank of Australia (RBA) has today published a Conclusions Paper which sets out the final decisions of the Payments System Board (PSB) on the Review of Merchant Card Payment Costs and Surcharging. The PSB has concluded that a package of reforms that includes removing surcharging, reducing i…