From October 1, businesses will no longer be able to add surcharges to payments made on the EFTPOS, Visa or Mastercard networks, following reforms by the Reserve Bank of Australia.
The idea is that the price consumers see should be the price they pay. If a cafe’s menu lists an oat latte for sale at A$6.50, it won’t be able to charge you, say, $6.57 for using a debit card or $6.63 for using a credit card.
