Australia to Remove Debit and Credit Card Surcharges by October

Debit and credit card surcharges will be eliminated by October under new Reserve Bank reforms, as announced by Treasurer Jim Chalmers. This change aims to alleviate cost-of-living pressures, with major banks expected to absorb the associated costs. Businesses will no longer add fees for Mastercard, Visa, and EFTPOS payments.

Read the full story at The Guardian AU→