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The Conversation
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Vibhu Arya, PhD Researcher, UTS Business School, University of Technology Sydney

Card surcharges are banned from October 1. What’s changing at the checkout?

Reserve Bank EFTPOS American Express Australia Mastercard Visa
courtneyk/Getty Images

From October 1 this year, businesses will be banned from adding a surcharge when customers pay with a debit, credit, EFTPOS or prepaid card.

The Australian Restaurant and Cafe Association has said it “will be one of the largest changes in payments” in Australia’s history – and many small businesses “are unprepared for its arrival”.

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