Australian government flags move to ban card payment surcharges

CANBERRA, Oct. 15 (Xinhua) -- The Australian government has announced a crackdown on card payment surcharge fees.

Prime Minister Anthony Albanese, Treasurer Jim Chalmers and Finance Minister Stephen Jones on Tuesday announced that the government is prepared to ban debit card surcharge fees at the point of sale from 2026 subject to further work by central bank the Reserve Bank of Australia (RBA).

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