Forex

Magic Tours International Absorbs Credit Card Fees from October

Guavy AI Editorial Team Published September 22, 2026

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AUD

Magic Tours International has announced that it will absorb credit card fees on all travel advisor bookings from 1 October 2026, in response to the Reserve Bank of Australia's ban on card surcharging. This move is designed to protect consultant margins once surcharging can no longer be passed on to customers.

Under the arrangement, consultants booking through Magic Tours International's offices, websites or TravelRez FIT platform will send clients a secure payment link. The client pays by credit card, and Magic Tours International absorbs the card fee. Consultants' full commission and markup, up to $500 per booking, is paid directly to their nominated bank account.

Managing director Chip Popescu said that Australian agents shouldn't have to choose between staying compliant and profitable. 'This is about backing the agents who back us,' he added. 'We're taking away complexities for consultants at the point of sale.'

Magic Tours International Absorbs Credit Card Fees from October

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