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The RBA hasn't banned surcharges — and the difference matters

Jun 10, 2026

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The RBA hasn't banned surcharges — and the difference matters

Misunderstanding the scope of the Reserve Bank of Australia’s change of position will cost merchants real money and acquirers real customers — and that's a surcharge nobody agreed to.

Fintech

May 20, 2026

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Cuscal and Tyro – A tale of two cities

Perception is everything in the financial markets and right now investors like Cuscal but have serious doubts about Tyro’s future, creating a mammoth task for CEO Nigel Lee to re-establish confidence.

Merchant Service Fees

Wake up! Only 162 days before surcharge ban kicks in

Apr 22, 2026

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Wake up! Only 162 days before surcharge ban kicks in

With just 162 days left until the first round of changes to Australia’s retail payment system, the payments industry is having mixed reactions to the most significant changes in a generation, but you wouldn’t know it.

Fintech

+10

ParliPay - hours of action-packed TV with a pinch of fiction

Mar 4, 2026

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ParliPay - hours of action-packed TV with a pinch of fiction

Last week I spent two days watching the parade of banking and payment seniors strut their stuff in Canberra at the House Economics Committee – the ParliPay hearings.

Merchant Service Fees

Velocity flies into the interchange and surcharge storm

Nov 12, 2025

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Velocity flies into the interchange and surcharge storm

While all eyes are on Qantas, Virgin Australia has fired a distress flare on the potential impact of the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging – saying it could impact both revenue and Velocity cards.