Visa supports the Reserve Bank of Australia's direction to remove surcharging from 1 October 2026
06/10/2026
Visa supports the Reserve Bank of Australia’s direction to remove surcharging and is working with the industry to implement this change by 1 October 2026.
Alan Machet, Visa Group Country Manager Australia, New Zealand and Pacific Islands, said: “Card payments are one of the most cost-effective and convenient ways for businesses to accept payments. Removing surcharging makes the checkout experience more consistent for consumers – the price you see is the price you will pay.
“Secure and reliable digital payments are essential to enabling economic growth, connecting Australian businesses to customers around the world and enabling all Australians to transact securely anywhere they want.
“Today, Australian consumers and businesses have more payment options than ever before. Consumers want – and increasingly expect – the freedom to choose how to pay depending on the context. Removing surcharging supports this choice,” added Mr Machet.
The majority of Australian businesses already choose not to surcharge, but for those that do, this moment represents a change in the way they work. Driven by our purpose of being the best way to pay and be paid, Visa is focused on providing information and support to help these businesses through this change.
About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.