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theland.com.au > story > 9210847 > reserve-bank-card-surcharge-fees-scrapped-after-two-decades

Debit, credit surcharge fees scrapped despite strong business opposition

21+ hour, 6+ min ago  (373+ words) Surcharge fees on debit and credit card transactions will be ditched, despite strong opposition from businesses. The Reserve Bank's review of merchant card payment costs recommended the fees be scrapped on EFTPOS, Mastercard and Visa transactions because they don't help…...