Australia will ban credit card surcharges from October 1 as part of the change. Banks are set to revamp loyalty perks at that time. Credit card points and rewards will be cut from next month. The change impacts businesses across the country that pass on card fees. Businesses that add fees will have to change their systems.
A pub owner may switch to cash only prior to the ban. News reports say the change is just 19 days away right now. The ban on credit card surcharges and the bank reward cuts are due to take effect together from early October under the same timeline.