@timeoutaustralia: Next month, Aussies will officially say goodbye to debit and credit surcharges under a reform from the Reserve Bank 💳 The new rules will force businesses to remove added fees on Mastercard, Visa and EFTPOS payments – a move expected to save consumers $1.6 billion annually. But it’s not all good news. Rewards programs are likely to weaken, while small businesses will face a choice of either absorbing the merchant fees or passing them on to customers. What do you think of the ban? 🤔
now ban weekend and public holidays surchage. print out new menu with different pricing. it's not hard. we want price transparency.
2026-09-30 04:57:58
468
Shaquisha DèJones :
This cafe I used to buy from charged me the same price as i used to pay before😂 . NOTHING CHANGED FOR US
2026-09-30 04:14:29
32
Hagia 🏳️⚧️ :
nothing changed as customers
2026-09-30 05:00:36
42
Zoe Birrell :
it won't save us anything, banks are still going to charge businesses that surcharge So the bill will be passed onto us through menus hikes
2026-09-30 07:45:42
38
Jeffrey John Lamont :
It's the most stupidest thing. It's not going to save anyone anything. Business will be forced to just rise prices, your coffee that was $5.07 will now be $5.25 or $5.50
And now everyone will be paying more Wether It's eftpos, cash or direct deposit. When before only those who chose to pay eftpos paid a small surcharge.
It's so stupid only loosers here are small businesses & the consumers the banks and government still get all there money.
2026-09-30 05:07:49
12
Jenny 🇦🇺 🇬🇧 :
Are they also stop charging us to take out our own money from ATM
2026-09-30 04:59:08
18
Anthea Tangi Ora Leef :
its called a merchant fee, not a customer fee
2026-09-30 23:28:36
0
Derivious :
it doesnt include amex. whats ur source it does?
2026-09-30 04:01:29
0
Simmo :
But banks can still charge businesses 🤔
2026-09-30 21:21:31
2
Ish :
businesses will pass the cost to customers 😁
2026-09-30 09:06:58
8
Kay :
Yeah now instead of paying 10.52 I paid 11.20
2026-09-30 10:34:47
3
Maddie :
Like even if a surcharge? Just another scam to take our money
2026-09-30 01:21:30
3
la :
FINALLY
2026-09-30 11:23:13
0
PBoh :
They are not banning surcharges- otherwise the banks couldn’t charge them
2026-09-30 06:05:35
3
Shadow :
So all I’m hearing is businesses are gonna increase how much we pay for things now
2026-09-30 10:52:25
2
⃝꙰⃝꙰⃝꙰⃝꙰⃝꙰⃝꙰⃝꙰⃝꙰⃝꙰⃝JarJürt🇦🇺 :
2026-09-30 05:14:25
2
Aliza :
Banning the card surcharge yayyy and then boom - increased the cash rate.. who are we kidding?
2026-09-30 13:15:13
0
Raff Scotto :
That’s gonna help inflation when prices go up a few dollars
2026-09-30 21:47:17
0
Wazzzzzup :
So instead of a surcharge on cards now it’s a surcharge paying cash!! Because every single business will basically increase all their prices by 1% regardless of payment method
2026-09-30 18:06:21
0
stjameshairstudio :
Simple and easy just include the price, consumer only pay more than before, not make difference for the bank thinking smart
2026-10-01 00:09:03
0
JimmySnowie :
It is great for consumers but there are some Asian shops are replacing a fee if the purchase is less than $50.
2026-09-30 21:26:35
0
Kai Matsumoto :
I don’t care about surcharges just ban this government from taxing our fuel 😭
2026-09-30 19:45:29
0
Nabil :
They haven’t saved consumers at all we will all put our prices up to cover for the loss the banks will now make the business wear. Government knows this some ppl are to stupid to understand what’s happening thinking they are going to save 🤦🏽♂️some ppl need to use some logic u will be charged just in another way only winner here is banks and government taxes
2026-09-30 07:19:43
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