Aldi makes visible swipe tax on contactless payments

Thursday 28 April 2022 11:13 CET | News

Global grocery superstore chain Aldi admits it charges a 0.5% fee for all credit card purchases, also known as a swipe tax.

According to Aldi Australia’s website, the company charges a 0.5% credit card fee on all credit card purchases to cover the cost of the service, but the tax also extends to customers who complete contactless transactions using their debit cards. 

If customers want to avoid paying a surcharge for their groceries, they can insert a debit card and select savings, instead of Tap-To-Pay. 

Aldi offers various payment methods, with the most common ones being via Mastercard and Visa but also contactless transactions. The company allows customers to choose their preferred payment method and benefit from the discount prices by paying cash or choosing an alternative payment method with smaller transaction processing fees. 

The Australian Competition and Consumer Commission (ACCC), in conjunction with the Reserve Bank of Australia standard, introduced a ban against excessive surcharges in 2016 which limits card processing fees to 2% per transaction. 

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Keywords: regulation, chargebacks, online payments, credit card, debit card, Tap-to-Pay, payment processor
Categories: Payments & Commerce
Companies: Aldi, Australian Competition and Consumer Commission, Mastercard, Visa
Countries: Australia
This article is part of category

Payments & Commerce



Australian Competition and Consumer Commission





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