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FinTech Australia says plans to ban payment surcharges will cost competition, choice and fintech innovation
- FinTech Australia opposes an outright ban on payment surcharges.
- The organization advocates for transparency and surcharge-free payment options.
- Banning surcharges may hinder competition, merchant choice, and fintech innovation.
- A carefully calibrated cap on surcharging is proposed instead of an outright ban.
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