Canada’s telecommunications regulator has delayed its decision to permit Telus to cross a credit card processing fee onto clients.
In a letter despatched Thursday, the Canadian Radio-television and Telecommunications Commission mentioned it could want till Dec. 6 to determine if Telus Corp. might add a 1.5 per cent processing fee to buyer payments paid by credit card.
Telus had first filed with the telecommunications fee on Aug. 8, to embody the fee within the fall. The customary estimate for a response from the fee was 45 days, or Sept. 22, 2022.
Telus’s surcharge is meant to “cowl the processing prices that credit card funds incur,” the telecommunications big mentioned of their utility to the fee. The common price per buyer every month could be about $2, mentioned Telus in an August assertion to The Canadian Press.
For a theoretical buyer in Alberta whose cellphone bill is $100, the cost would carry their bill to $106.66 — $100 for their primary bill, plus $5 for GST, a $1.58 surcharge for the brand new fee on high of that, plus one other eight cents in GST on the surcharge.
The fee could be prevented by selecting one other fee possibility, equivalent to debit or one-time financial institution funds. It would not apply in Quebec or to clients of Telus’s Koodo subsidiary.