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The Straits Times

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The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world at straitstimes.com. The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world

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The Straits Times
straitstimes.com > asia > australianz > australia-to-ban-surcharges-on-payment-cards-cut-bank-fees

Australia to ban surcharges on payment cards, cut bank fees

5+ mon, 1+ week ago   (382+ words) The Reserve Bank of Australia said it would remove card surcharging on designated Electronic Funds Transfer at Point-of-Sale, Mastercard and Visa networks from Oct 1. Published Mar 31, 2026, 11:45 AM SYDNEY – Australian consumers will no longer face surcharge fees on card payments after…...