Card payment surcharges should be banned for debit and credit payments, RBA says

Surcharges on Eftpos, Mastercard and Visa card payments would be eliminated from July 2026 under proposal from Reserve BankFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastCard payment surcharges should be eliminated for debit and credit payments, the Reserve Bank has said, saving customers an estimated $1.2bn each year.Surcharges on Eftpos, Mastercard and Visa card payments would be eliminated from July 2026, while fees for businesses using card payments systems could also be lowered, under a new RBA proposal.Sign up for Guardian Australia’s breaking news email Continue reading...

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Trump is looking at making money out of Nato – not saving Ukraine

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