Australia will ban credit card surcharges from October 1 under new rules. Banks are changing loyalty perks at that time. Credit card points and rewards will be cut from next month. The change impacts businesses across the country that pass on card fees. Businesses that add fees will have to change their systems.
A pub owner may switch to cash only ahead of the ban. News reports say the change is just 19 days away right now. The new surcharge ban plus the bank reward cuts are set to begin together from early October as planned.