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Business

FCCC commends removal of EFTPOS fees

December 19, 2018 12:55 pm
FCCC Chief Executive, Joel Abraham [insert]

The Fijian Competition and Consumer Commission has commended the move by the Government to remove the EFTPOS fees.

This means that from January 1st, consumers will no longer be charged transaction fees for swiping their ATM Cards at every point of sale machine throughout the country.

Chief Executive Joel Abraham says people can now shop using debit cards without the burden of added transaction costs.

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He says this will benefit thousands of Fijians who purchase products in outlets across the country daily.

He adds that the FCCC through its monitoring will check which businesses do not have point of sale machines and provide guidance on how they can improve their system.

The government will also pay fifty percent of the cost to purchase EFTPOS machines for small businesses.

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