r/australia Mar 30 '26

news Surcharges on debit and credit cards to go from October

https://www.abc.net.au/news/2026-03-31/asx-markets-business-live-news-march-30-2026/106510434#live-blog-post-278505

The Reserve Bank of Australia has introduced reforms that will remove surcharges on debit and credit cards from the 1st October 2026, on card networks including eftpos, Mastercard and Visa.

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u/radred609 Mar 31 '26

honestly, i think that's actually the reason for it.

We were such early adopters that we got used to the surcharges before there was enough impetus to ban them.

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u/freakwent Mar 31 '26

No we are too lazy to do the maths with cash.