The Federal Government is proposing a ban on debit card surcharges to be implemented by 2026.

The Reserve Bank of Australia is currently conducting a review into these unclear surcharges and the cost to Australians.

 

Image: Shutterstock: PeopleImages.com – Yuri A

Produced By: Vanessa Gawan-Taylor

Featured In Story: Professor Steve Worthington from Swinburne University, and Brad Kelly Co-Founder of the Independent Payments Forum

First aired on The Wire, Wednesday 16 October 2024