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When will ban take effect? What to know about Australia's card surcharge changes

A person points to an EFTPOS machine

The Reserve Banks will move to ban surcharge fees, despite objections from businesses. Source: AAP / Farid Farid

Surcharge fees on debit and credit card transactions will be ditched later this year, despite strong opposition from businesses. The ban is set to save consumers a collective $1.6 billion a year.


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