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PayDay News | Australian Payments News

Late eftpos cuts online fees while hiking prop rates at POS

Editor
6 Oct, 2026
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Warwick Ponder
Editor
6 Oct, 2026
Add us as a preferred source on Google
Australian Payments Plus (AP+) has slashed online eftpos interchange by up to 70%, but small proprietary debit purchases rise 40% for standard and strategic merchants, alongside larger credit increases from Visa and Mastercard for bigger businesses.
Late eftpos cuts online fees while hiking prop rates at POS
AP+ LT - Andrew MacLachlan, May Lam, Lynn Kraus, Dave Hemingway & David Ellett last week. Background generated by AI.

Australian Payments Plus (AP+) has slashed online eftpos interchange by up to 70%, but small proprietary debit purchases rise 40% for standard and strategic merchants, alongside larger credit increases from Visa and Mastercard for bigger businesses.

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