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Payment Systems (Regulation) Standards (Merchant Card Payment Costs and Surcharging) Variation 2026

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Summary

The Australian Treasury has made the Payment Systems (Regulation) Standards (Merchant Card Payment Costs and Surcharging) Variation 2026 (F2026L00434), amending the existing merchant card payment costs and surcharging standards. The instrument is administered by the Department of the Treasury and came into force on 14 April 2026. The variation affects merchants, payment facilitators, and card issuers by modifying requirements related to merchant surcharging rights and cost transparency.

What changed

The legislative instrument varies the existing Payment Systems (Regulation) Standards governing merchant card payment costs and surcharging. The amendment modifies requirements that merchants must comply with when applying surcharges to card transactions, including adjustments to permissible surcharge levels or cost transparency obligations.

Affected parties—including merchants accepting card payments, payment processors, and card issuers—should review their current surcharging practices and policies to ensure alignment with the modified standards. Non-compliance with regulatory standards under the Payment Systems (Regulation) Act may result in enforcement action by the responsible regulator.

What to do next

  1. Review updated merchant card surcharging requirements under the new standard
  2. Ensure compliance with any modified cost disclosure or surcharge cap obligations
  3. Monitor for further guidance from Treasury on implementation

Archived snapshot

Apr 14, 2026

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Payment Systems (Regulation) Standards (Merchant Card Payment Costs and Surcharging) Variation 2026

In force Administered by
- Department of the Treasury
Latest version F2026L00434 14 April 2026


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Classification

Agency
AU Treasury
Published
April 14th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
F2026L00434
Supersedes
Payment Systems (Regulation) Standards (Merchant Card Payment Costs and Surcharging) 2025

Who this affects

Applies to
Retailers Banks Technology companies
Industry sector
5221 Commercial Banking 4411 Retail Trade
Activity scope
Card payment surcharging Payment system compliance Merchant transaction costs
Geographic scope
Australia AU

Taxonomy

Primary area
Payments
Operational domain
Compliance
Topics
Consumer Finance Financial Services

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