Click here to see the full judgment delivered by Justice Jacobsen of the Federal Court in the case brought by Aldi against ePAL, the EFTPOS payment scheme operators.
While the judgment represents a comprehensive win for Aldi in their complaint against ePAL, it does not stop the unfair changes to the EFTPOS fee regime which takes effect from next month.
Click here to read the press release issued yesterday by Tyro payments, the little guy in the battle against domination by the big banks plus Coles and Woolworths of EFTPOS processing in Australia.
Newsagents can fight back on this issue by switching off their bank EFTPOS terminals and switching to Tyro. Tyro has already made a n announcement favorable to newsagents on their handling of fees once the new EFTPOS regime kicks in.
Disclosure: Through Tower Systems I have a commercial agreement with Tyro for the support of their platform in Tower newsagencies.