Card payment sucharges banned in Australia from 2026

Are you happy with the RBA's proposed changes to surcharging and interchange fees?


  • Total voters
    182
Well, they can find sympathy in the dictionary somewhere between cough and syphilis.
I could not agree more! Nowhere else in the world outside of AUNZ are those surcharges even a thing and our prices here are not exactly cheap in comparison to more other places. So “small independent businesses” cry me a river.
 
I could not agree more! Nowhere else in the world outside of AUNZ are those surcharges even a thing and our prices here are not exactly cheap in comparison to more other places. So “small independent businesses” cry me a river.

Fiji 3% is one example
NZ is another (as mentioned)
USA
Canada
 
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I seriously just wonder how many here who are slamming existing businesses for adding a CC surcharge which they are and continue to be legally entitled to do so (until Oct 1, 2026) have actually ever run a business?
I was not going to say anything but it seems silence is interpreted as not having run a business!

I have a shared business. We don’t charge a surcharge for credit cards but don’t accept Amex. We do accept cash reluctantly due to previous theft issues unfortunately.
 
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I had a private practice on the Sunshine Coast from 1994 to 2006 I accepted Amex as they charged me the same as Visa and MC. My colleagues wouldn’t believe me. I never had a surcharge for any CC.
I know that I had a couple of patients who saw me because I took Amex.
 
Fiji 3% is one example
NZ is another (as mentioned)
USA
Canada
What are you talking about? When did a hotel in Canada or the US last slam a credit card fee on you? Not going to happen, unless in very rare circumstances and probably dodgy small businessses…
 
Speaking to someone in the terminal industry tonight. From this week you might start seeing 0% fees at some of the larger merchants.

It's obviously a massive job to change rates on all of the terminals so many merchants are doing it in batches each night over the next fortnight.
 

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