27/05/2026
Australia's surcharge ban lands in October 2026 💳⚠️
For consumers, that's a saving of $1.6 billion a year in fees.
For businesses, it's a different story.
The 16% of businesses currently surcharging card payments will lose the ability to pass those costs on. And in low-margin categories like retail, hospitality and financial services, those basis points can compound fast.
At Monoova, we believe the future lies in intelligent multi-rail payment infrastructure that gives businesses more control over how transactions are processed.
📖 Find out how the surcharge ban is accelerating the shift to multi-rail payments 👇
https://bit.ly/4aaYxRc