Australia is banning credit card surcharges from October 1 as part of the change. Banks are changing loyalty perks then. Credit card points and rewards are set to be trimmed from next month. The change affects businesses across the country that add surcharges to card transactions. 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 as things stand. The ban on credit card surcharges and the bank reward cuts are due to take effect together from early October under the same timeline.