ATO confirms card payments review, with Amex ban talk rife

Senior Business Correspondent
6 Aug, 2026
Michael Sainsbury
Senior Business Correspondent
6 Aug, 2026
After pushing the Reserve Bank of Australia (RBA) to allow a surcharge ban, card schemes have already been ejected from Macquarie’s multi-billion dollar rent and strata payments portal DEFT, and the Australian Tax Office (ATO) is now considering its options.
ATO confirms card payments review, with Amex ban talk rife

After pushing the Reserve Bank of Australia (RBA) to allow a surcharge ban, card schemes have already been ejected from Macquarie’s multi-billion dollar rent and strata payments portal DEFT, and the Australian Tax Office (ATO) is now considering its options.

Subscriber article

This article is available to PayDay News subscribers.

trending

Commonwealth Bank (CBA), Westpac and Macquarie want the Reserve Bank of Australia (RBA) to move early on controls for payments made by artificial intelligence agents including market concentration
Small businesses face tough calls on card payments as the October surcharge “ban” approaches, with confusion still widespread and almost half of Australians unaware of the change. Little
According to a Cuscal Paymark study, just 32% of New Zealanders understand open banking. Demand for what it delivers, however, is substantially higher, reinforcing evidence from Australia that
Sydney-based Hello Clever has secured backing from New York venture firm Variant as it builds a global payments layer designed to choose the best rail for each transaction.
Mastercard has unveiled a global platform to put digital wallets onto its payments network, but no Australian bank, fintech, PSP or wallet provider has yet joined the rollout.

RELATED STORIES ▸

November 1 is when things get messy
November 1 is when things get messy
November 1 is when things get messy
When the first post-surcharging merchant statements hit struggling small businesses on 1 November, expect a loud and ugly reaction to ...
Coles Pay closes as the company steps into bank rewards void
Coles Pay closes as the company steps into bank rewards void
Coles Pay closes as the company steps into bank rewards void
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut ...
Banks line up against Amex as RBA weighs three-party regulation
Banks line up against Amex as RBA weighs three-party regulation
Banks line up against Amex as RBA weighs three-party regulation
Local American Express boss Corrina Davison has found herself increasingly isolated as banks, merchants and card schemes urge the Reserve ...
NAB and AP+ warn card tokenisation closing off least-cost routing
NAB and AP+ warn card tokenisation closing off least-cost routing
NAB and AP+ warn card tokenisation closing off least-cost routing
NAB and Australian Payments Plus (AP+) have warned that card tokenisation could undermine the merchant benefits of least-cost routing, but ...
Debit tips into double digits and pulls away from credit
Debit tips into double digits and pulls away from credit
Debit tips into double digits and pulls away from credit
Debit card spending grew 10.1% over the 12 months to July to $693.2 billion, in the first double-digit reading since ...
ANZ puts December hard stop on Suncorp merchant acquiring
ANZ puts December hard stop on Suncorp merchant acquiring
ANZ puts December hard stop on Suncorp merchant acquiring
Suncorp Bank merchants face a firm December deadline to find a new payments provider, months before 1.2 million Suncorp customers ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information