Some 99% of Australians have at least one debit or credit card, with almost half holding both, according to the Reserve Bank of Australia (RBA). In fact, since the pandemic, our use of debit cards ...

Australia is moving to eliminate debit card surcharges, which are costing consumers almost 1 billion Australian dollars ($671 million) each year. The planned ban, set to take effect in 2026, aims ...

Australia has announced plans to ban debit card surcharges that the country’s central bank estimates are costing consumers nearly 1 billion Australian dollars ($671m) a year.

AMP to roll out 'numberless' debit cards in Australia first Bank announces products for small businesses READ MORE: Why an interest rate cut is looking more likely for Aussies ...

A ban on debit card surcharges may sound consumer-friendly, but it risks stifling competition, hurting small business and handing power to the big banks.

Australia is planning to reduce bank card surcharges, including the elimination of transaction fees on debit cards, the government said on Monday, as the use of cash declines in the country.

AMP Bank and Mastercard have announced Australia's first numberless debit card, with all Mastercards possibly becoming numberless in five years. Australia confirms war prisoner held alive by ...

Commonwealth Bank and Westpac are considering removing the 16-digit numbers from their credit and debit cards, ... Card-related fraud in Australia totals $1 billion a year.

Government seeks to ban debit card payment surcharges from 2026 Surcharges on credit and debit cards penalising customers will be in the sights of Australia's consumer watchdog in a cost of living ...