Multiple outlets report that Australian businesses currently charge customers extra through credit or debit card payment surcharges, and that the practice is being challenged as regulators move toward ending it. The articles focus on how fees tied to card payments can effectively shift costs to consumers, using a cited example of a $66 charge to illustrate the impact of surcharge pricing. While the outlets describe surcharges as common, they also note that the approach is set to change, with regulations intended to prevent merchants from adding these extra costs at checkout. The reporting frames the issue as a broader question about what consumers pay for card “perks” and other benefits, and whether those benefits are funded transparently or through surcharge arrangements. Overall, the articles converge on two main points: consumers can be charged an additional fee when using card payments, and the practice is expected to be restricted or ended under upcoming policy changes.
Payment surcharges on credit and debit cards set to end as costs are scrutinised
Multiple outlets report that Australian businesses currently charge customers extra through credit or debit card payment surcharges, and that the practice is being challenged as regulators move toward...
- Businesses can currently add surcharges for credit and/or debit card payments.
- The articles cite an example involving a $66 fee to show consumer impact.
- The coverage links surcharges to the broader question of who pays for card-related benefits.
- Regulatory changes are expected to restrict or end payment surcharges on card transactions.
- The reporting describes the surcharge practice as being phased out soon.
Right now, companies can slug consumers with a payment surcharge on credit or debit cards, but it’s a practice that will soon come to an end.
4 hours agoRight now, companies can slug consumers with a payment surcharge on credit or debit cards, but it’s a practice that will soon come to an end.
4 hours agoRight now, companies can slug consumers with a payment surcharge on credit or debit cards, but it’s a practice that will soon come to an end.
4 hours ago
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