Australia is banning credit card surcharges from October 1 after a policy shift. Banks are changing loyalty perks then. Credit card points and rewards are set to be trimmed from next month. The change will hit businesses across the country that add surcharges to card transactions. Businesses that add fees must adapt before the ban.
A pub owner is considering cash only ahead of the ban. News reports say the change is just 19 days away right now. The ban on credit card surcharges and the bank reward cuts will start together from early October as announced.