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PayDay News | Australian Payments News

NZ blocks surcharge ban, UK prioritises “tackling high card fees”

Reporter
1 Apr, 2026
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Gabby Taylor
Reporter
1 Apr, 2026
Add us as a preferred source on Google
Australia's Reserve Bank will ban business from surcharging the cost of card transactions from October 1, all whilst the rest of the world grapples with reducing the impact of high merchant fees on small businesses.
NZ blocks surcharge ban, UK prioritises “tackling high card fees”
UK Payments System Regulator (PSR) Managing Director, David Geale (left) and NZ’s ACT party Leader, David Seymour (right) are concerned about card fees.

Australia's Reserve Bank will ban business from surcharging the cost of card transactions from October 1, all whilst the rest of the world grapples with reducing the impact of high merchant fees on small businesses.

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