Australia will ban credit card surcharges from October 1 as part of the change. Banks are set to revamp loyalty perks then. Credit card points and rewards will be cut from next month. The change impacts businesses across the country that charge extra for card payments. Businesses that add fees will have to change their systems.
A pub owner is considering cash only ahead of the ban. News reports indicate the change is just 19 days away at this point. The surcharge ban and the bank reward cuts are due to take effect together from early October under the same timeline.