The next wave of that regulation should come into effect soon - the banks tried some loopholes and merchants like Jetstar claimed they needed to levy huge surcharges so another reform is required:<p>&quot;the Board is proposing to change the Bank&#x27;s surcharging standard with the aim of ensuring that customers cannot be surcharged any more than the cost of accepting cards.&quot;<p>&quot;It is proposed that no credit card interchange fee will be able to exceed 0.80 per cent and no debit interchange fee will be able to exceed 15 cents if levied as a fixed amount or 0.20 per cent if levied as a percentage amount.&quot;<p><a href="http:&#x2F;&#x2F;www.rba.gov.au&#x2F;media-releases&#x2F;2015&#x2F;mr-15-24.html" rel="nofollow">http:&#x2F;&#x2F;www.rba.gov.au&#x2F;media-releases&#x2F;2015&#x2F;mr-15-24.html</a>