No Surcharge for Debit and Credit Cards @ Reserve Bank of Australia

Reminder Everyone !!

RBA finally bans credit, debit card surcharges

RBA has banned surcharges on debit and credit card payments, so businesses can no longer add extra fees at checkout, consumers get clearer pricing, while banks and merchants absorb the cost shift through lower interchange fees and possible price adjustments elsewhere.
Eliminating hidden charges will save consumers $1.6 billion annually.

Edit:

I agree with the opinion of a lot of people here who've mentioned the risk of hidden price increases, but we can only wait and see how this plays out. The Government and RBA would certainly have considered that side of the coin.

Read the complete policy here: https://www.rba.gov.au/payments-and-infrastructure/review-of…

https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/2026-03/conclusions-paper/executive-summary.html