Is industry hedging surcharging losses with sneaky fee increases in the booming online channel?

Peter Drennan
Senior Business Analyst
20 Aug, 2025
While debate rages on about surcharging and the significant impact on retailers in Australia, a subtle but significant trend has emerged in the card fees data.
Is industry hedging surcharging losses with sneaky fee increases in the booming online channel?

While debate rages on about surcharging and the significant impact on retailers in Australia, a subtle but significant trend has emerged in the card fees data.

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Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
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