Surcharge ban1 October 2026
What will the surcharge ban cost your business?
From 1 October you can no longer pass card processing fees to your customers. You pay them instead. Here's what that looks like on your volume.
Your card volume
per month
check your merchant statement
per transaction
per payment
Pre-filled with Stripe's standard Australian rate, 1.7% + $0.30 on domestic cards. Change it to match your own merchant statement.
Card fees you'll absorb
$120,000
per year
Estimated saving
$41,706
a year, moving 30% of your card volume to Quidkey Pay by Bank at 0.5% + $0.30 a transaction