Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.
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Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.
The Reserve Bank’s proposal to scrap all debit and credit card surcharges from mid-2026 has sparked sharp debate across the hospitality sector, with...
The Reserve Bank’s proposal to scrap all debit and credit card surcharges from mid-2026 has sparked sharp debate across the hospitality sector, with...
The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through surcharges.
The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through surcharges.
Follow along with all the stories making headlines this morning.
Follow along with all the stories making headlines this morning.
The Reserve Bank of Australia has called for all credit and debit card charges to be banned in a move that would save Aussies $1.2bn.
The Reserve Bank of Australia has called for all credit and debit card charges to be banned in a move that would save Aussies $1.2bn.