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Card surcharges are ending. What will shoppers pay now?

A credit card being used
A customer tapping their credit card on a card reader Source: AAP / Susie Dodds

From 1 October, card surcharges disappear. Will businesses absorb the cost or pass it on elsewhere?


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By Ricardo Gonçalves

Source: SBS News


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From 1 October, card surcharges disappear. Will businesses absorb the cost or pass it on elsewhere?


In this episode:

  • Sarah Megginson from Finder explains the change with Tom Kennedy.
  • Paul Bloxham from HSBC shares his interest rate and recession outlook with SBS Finance Editor Ricardo Goncalves
  • Isaac Poole, chief investment officer at Ascalon Capital, discusses the market and investment opportunities.

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.


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