01/10/2026
From today, card surcharges changed. For businesses, it’s worth understanding what that means beyond the checkout.
From 1 October, surcharges on eftpos, Mastercard and Visa debit, prepaid and credit card payments are banned. But the cost of accepting card payments hasn’t disappeared, meaning businesses may need to review their payment arrangements, processing costs and pricing.
There could also be flow-on effects for consumers, with changes to interchange fees potentially affecting credit card rewards, points, fees and other perks.
https://www.smartcompany.com.au/finance/how-the-credit-card-surcharge-ban-will-affect-loyalty-points-and-perks/
Need help understanding what the changes could mean for your business? Talk to the team at Flor-Hanly.
The upcoming surcharge ban looks like an obvious win for consumers but there's a catch.