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PayDay News | Australian Payments News

Tap-and-go cash “gouge”: Mastercard ramps up ATM scheme fees

Technology Reporter
1 Jul, 2026
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Alex Zaharov-Reutt
Technology Reporter
1 Jul, 2026
Add us as a preferred source on Google
More Australians are pulling out cash by tapping a phone, watch or card at the ATM and Mastercard is cashing in with a big scheme fee increase which will likely be passed on to consumers.
Tap-and-go cash “gouge”: Mastercard ramps up ATM scheme fees
Image generated by AI.

More Australians are pulling out cash by tapping a phone, watch or card at the ATM and Mastercard is cashing in with a big scheme fee increase which will likely be passed on to consumers.

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