{
  "data_as_of": "10 November 2026",
  "interchange_caps": [
    {
      "id": "consumer_credit",
      "label": "Domestic consumer credit",
      "before_pct": 0.8,
      "after_pct": 0.3,
      "effective": "2026-10-01",
      "sources": [
        "rba_conclusions",
        "rba_standard"
      ],
      "before_source": "compayr_article",
      "note": "Cap cut from 0.8% to 0.3%. RBA reports the average rate before the cut was 0.47%, with small merchants facing up to 0.8%.",
      "unit": "percent of transaction value, excluding GST"
    },
    {
      "id": "debit",
      "label": "Domestic debit and prepaid",
      "before_pct": 0.2,
      "after_pct": 0.16,
      "effective": "2026-10-01",
      "sources": [
        "rba_conclusions"
      ],
      "before_source": "compayr_article",
      "note": "Cap is 8 cents per transaction or 0.16% of value. The old 0.2% figure comes from Compayr. Percent form used here.",
      "unit": "percent of transaction value, excluding GST"
    },
    {
      "id": "commercial_credit",
      "label": "Domestic commercial credit",
      "before_pct": 0.8,
      "after_pct": 0.8,
      "effective": "2026-10-01",
      "sources": [
        "rba_conclusions",
        "rba_standard"
      ],
      "before_source": "rba_conclusions",
      "note": "Unchanged at 0.8%.",
      "unit": "percent of transaction value, excluding GST"
    },
    {
      "id": "international",
      "label": "Foreign-issued cards",
      "before_pct": null,
      "after_pct": 1,
      "effective": "2027-04-01",
      "sources": [
        "rba_conclusions",
        "rba_standard",
        "rba_faq"
      ],
      "before_source": "rba_faq",
      "note": "No cap until 1 April 2027, then 1.0%. No saving expected yet.",
      "unit": "percent of transaction value, excluding GST"
    }
  ],
  "rba_average_consumer_credit_interchange_before_cut_pct": 0.47,
  "providers": [
    {
      "id": "westpac_eftpos",
      "name": "Westpac (EFTPOS terminals and PayWay)",
      "channel": "in person",
      "before_pct": 1.2,
      "after_pct": 0.79,
      "as_of": "2026-10-16",
      "sources": [
        "westpac_release",
        "compayr_article"
      ],
      "note": "Terminal rental still applies (Compayr reports from A$24.75 a month).",
      "change_pts": -0.41,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "westpac_air",
      "name": "Westpac (EFTPOS Air and OnlinePay)",
      "channel": "in person / online",
      "before_pct": 1.4,
      "after_pct": 1.25,
      "as_of": "2026-10-16",
      "sources": [
        "westpac_release",
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.15,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "zeller_pos",
      "name": "Zeller POS (integrated with Zeller Terminal)",
      "channel": "in person",
      "before_pct": 1.4,
      "after_pct": 1.2,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "A bundled discount cut in September, before the reform. Applies only where Zeller POS is integrated with a Zeller Terminal.",
      "change_pts": -0.2,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "anz_worldline",
      "name": "ANZ Worldline",
      "channel": "in person",
      "before_pct": 1.1,
      "after_pct": 0.95,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.15,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "commbank_smart",
      "name": "CommBank Smart (flat rate)",
      "channel": "in person",
      "before_pct": 1.1,
      "after_pct": 0.99,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.11,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "nab",
      "name": "NAB",
      "channel": "in person",
      "before_pct": 1.15,
      "after_pct": 1.05,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.1,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "shopify_pos",
      "name": "Shopify POS",
      "channel": "in person",
      "before_pct": 1.95,
      "after_pct": 1.85,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.1,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "stripe_online",
      "name": "Stripe (online)",
      "channel": "online",
      "before_pct": 1.7,
      "after_pct": 1.65,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "",
      "change_pts": -0.05,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "square_in_person",
      "name": "Square (in person)",
      "channel": "in person",
      "before_pct": 1.6,
      "after_pct": 1.6,
      "as_of": "2026-11-10",
      "sources": [
        "square_pricing",
        "compayr_article"
      ],
      "note": "Rate for sign-ups since 30 May 2024. Older accounts may pay 1.9% on some hardware, so enter your own rate if it differs. Compayr reports no change.",
      "change_pts": 0,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "square_online",
      "name": "Square (online and keyed-in)",
      "channel": "online",
      "before_pct": 2.2,
      "after_pct": 2.2,
      "as_of": "2026-11-10",
      "sources": [
        "square_pricing",
        "compayr_article"
      ],
      "note": "Compayr reports no change.",
      "change_pts": 0,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "zeller_terminal",
      "name": "Zeller (standard in person)",
      "channel": "in person",
      "before_pct": 1.4,
      "after_pct": 1.4,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "Reported unchanged by Compayr.",
      "change_pts": 0,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "tyro",
      "name": "Tyro (in person)",
      "channel": "in person",
      "before_pct": 1.3,
      "after_pct": 1.3,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "Reported unchanged by Compayr. Tyro also offers custom and interchange-plus pricing, so your own rate may differ.",
      "change_pts": 0,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    },
    {
      "id": "sumup",
      "name": "SumUp (in person)",
      "channel": "in person",
      "before_pct": 1.4,
      "after_pct": 1.4,
      "as_of": "2026-10-16",
      "sources": [
        "compayr_article"
      ],
      "note": "Reported unchanged by Compayr.",
      "change_pts": 0,
      "unit": "percent of card sales, inc-GST as published, flat rate"
    }
  ],
  "note": "Provider rows are hand-keyed from public pages on the date shown. They are a snapshot, not a live feed, and several come from a secondary report (Compayr). Confirm with your provider.",
  "sources": [
    {
      "id": "rba_conclusions",
      "title": "RBA, Review of Merchant Card Payment Costs and Surcharging, Conclusions Paper, ch. 3 Interchange Fees",
      "url": "https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/2026-03/conclusions-paper/interchange-fees.html",
      "kind": "primary (regulator)",
      "published": "March 2026 (page corrected 19 Jun 2026)",
      "read": "2026-11-10"
    },
    {
      "id": "rba_standard",
      "title": "Payment Systems (Regulation) Standards (Merchant Card Payment Costs and Surcharging) Variation 2026, clause 4.1",
      "url": "https://www.legislation.gov.au/F2026L00434/asmade/2026-04-14/text/original/pdf",
      "kind": "primary (legislative instrument)",
      "published": "14 Apr 2026, commences 1 Oct 2026",
      "read": "2026-11-10"
    },
    {
      "id": "rba_faq",
      "title": "RBA FAQ: Removal of Card Payment Surcharges From 1 October 2026",
      "url": "https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/2026-03/conclusions-paper/faqs/",
      "kind": "primary (regulator)",
      "published": "2026",
      "read": "2026-11-10"
    },
    {
      "id": "westpac_release",
      "title": "Westpac media release, 23 September 2026 (as reported by Compayr)",
      "url": "https://compayr.com.au/knowledge/which-providers-passed-on-the-interchange-cut",
      "kind": "primary figure, read via secondary report",
      "published": "23 Sep 2026",
      "read": "2026-11-10"
    },
    {
      "id": "compayr_article",
      "title": "Compayr: Which providers cut merchant fees after the 1 October interchange cut?",
      "url": "https://compayr.com.au/knowledge/which-providers-passed-on-the-interchange-cut",
      "kind": "secondary (comparison site, referral-funded)",
      "published": "16 Oct 2026, updated 9 Nov 2026",
      "read": "2026-11-10"
    },
    {
      "id": "square_pricing",
      "title": "Square Australia pricing: processing fees",
      "url": "https://squareup.com/au/en/pricing",
      "kind": "primary (provider pricing page)",
      "published": "live page",
      "read": "2026-11-10"
    }
  ],
  "disclaimer": "General information only. Not legal, financial or tax advice, and not an audit of your statement. Caps are maximums, so your actual interchange may already have been lower. Provider rates change: confirm the figures with your provider before acting. cutcheck is an independent free tool with no referral fees and no affiliation with any provider, card scheme or the RBA."
}