Tag: small business credit cards

We are surveying women founding & growing startups & small businesses

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Small Business
Lead or own a small business or startup in Australia? We’d love your input for key research on women running and building businesses. We’ll be collating the results for a special report released in October, highlighting some of the opportunities and challenges for women in business in the year ahead, and also using the data to drive policymakers and decision-makers to offer more support where needed. Check out the survey here. The survey takes around five minutes and is made possible thanks to the support of CommBank Women in Focus — with the results collated, respondent data remaining anonymous, and…

Will reduced Mastercard, Visa credit card fees help NS small business?

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Small Business
Small business owners in Nova Scotia are voicing mixed reactions to the federal government’s announcements last week that has been negotiated lower interchange fees which businesses have to pay each time a customer using a Visa and Mastercard credit card. Beginning in the fall of 2024, in-store credit card interchange fees will be reduced from an average of 1.4 per cent to 0.95 per cent, for businesses with less than $300,000 and $175,000 in annual Visa and Mastercard sales respectively. Shop owners across the country have complained for years that high credit card fees have hurt them. Research by the…