RBA sets new rules for card payments

AAP
MAY 26, 2016
Shoppers will no longer be slugged with excessive surcharges on credit card payments under new rules set out by the Reserve Bank.
From September 1, surcharges will be limited to the amount it costs the retailer to accept a card for a transaction.
“Merchants will not be able to impose high fixed-amount surcharges on low-value transactions, as has been typical for airlines,” the RBA said.