ANZ dumps Amex as credit card fees are crunched

"Bill Makris didn't want to add a fee for customers paying with credit cards but the owner of Tank Fish & Chippery felt he had no choice.

"We work really long hours for small profits," he says. "Especially in the hospitality industry it's long hours, seven days a week, you look at the bottom line and think 'Gee is it worth it?' "

Makris charges a 30¢ fee per transaction under $10 for customers paying with credit cards and his Melbourne stores don't accept American Express "because of the high fees".

"We mention  before they purchase and some people are happy with it and some people aren't," he says." Read more

Cara Waters Brisbane Times 14 Mar 2017