The new RBA measures allow businesses to surcharge for merchant service fees and terminal rental, but prohibits profiteering.

The new surcharging framework introduced by the Reserve Bank of Australia ensures that businesses have the right to surcharge in order to cover the cost of accepting card payments whilst ensuring that consumers are not excessively surcharged.

Businesses incur costs when they accept a credit or debit card payment from a customer. Different cards incur different costs - cards that offer significant rewards to consumers can be substantially more expensive. Implementing a surcharge fee on card payments allows businesses to recover the cost of accepting expensive card payments.