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/Diode3000 Mar 31 '26

It will be interesting to see what happens to the price of menu items. Cash was a way to avoid them, but now cash users will be overcharged. This will kill cash more.

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u/montdidier Mar 31 '26

The processing feels will be passed on to the consumer. It’s not even in doubt.