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PayDay News | Australian Payments News

Peaking too early – beware premature terminal offers

Payments Expert
24 Jun, 2026
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Brad Kelly
Payments Expert
24 Jun, 2026
Add us as a preferred source on Google
Ahead of the publication of new interchange rates and “no surcharge” rules being imposed on October 1, acquirers are suddenly overflowing with bonus gift cards, fee free periods and soon-to-be-redundant “zero cost EFTPOS” offers. To say that the payments market is in a state of chaos would be an understatement.
Peaking too early – beware premature terminal offers
The market is overflowing with new terminal offers before interchange tables are even published. Commentary

Ahead of the publication of new interchange rates and “no surcharge” rules being imposed on October 1, acquirers are suddenly overflowing with bonus gift cards, fee free periods and soon-to-be-redundant “zero cost EFTPOS” offers. To say that the payments market is in a state of chaos would be an understatement.

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