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October 1, 2026
On the web
Paying by Card? Online or In-Person, Here’s What’s Happening with Card Surcharges from October 1 [Australia]
Commonwealth Bank of Australia
"RBA changes mean that card surcharges on eftpos, Mastercard, and Visa end from 1 October. American Express, UnionPay and PayPal have also decided to remove surcharging from 1 October, although these firms are not currently subject to formal regulation by the RBA. Other charges, including weekend surcharges and some taxi payment fees, may still apply. Lower interchange caps will also apply to Australian-issued cards, which could also affect how credit card rewards are funded."
September 22, 2026
Top Post
Global Banks Collaborate on Principles for Trusted Agentic Commerce
Bank of America
"ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, ING Group and NatWest Group unite to publish a set of joint principles as agentic commerce is poised to reshape the future of payments. The principles are designed to help guide the development of agentic commerce while supporting wider industry collaboration. Publication of this paper builds on a wider conversation, with the consortium inviting participants across the ecosystem to apply the principles in practice and shape future implementation."
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