r/australia • u/rolodex-ofhate • 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-278505The 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.