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Australia to Eliminate Credit and Debit Card Surcharges by October
Primul articol: 31 mar. 2026, 03:58
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Ultima actualizare: 31 mar. 2026, 03:58
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The Australian government has announced plans to eliminate surcharges on debit and credit card transactions by October. This move aims to simplify payment processes for consumers and reduce hidden fees. The removal of these surcharges will impact retailers, who will need to adjust their pricing strategies accordingly.Articole despre acest subiect
Foto: The Guardian
Debit and credit card surcharges to be removed in Australia by October
Treasurer Jim Chalmers says changes will help with cost of living and ‘Australians hate paying’ the surchargesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDebit and credit card surcharges will be gone by October under Reserve Bank reforms, with big banks likely to foot the bill for the cost-of-living measures.The new rules, announced on Tuesday, will enable businesses to remove added fees on Mastercard, visa and eftpos card paym
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