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RBA Releases Conclusions Of Its Review Of Merchant Card Payment Costs And Surcharging
5+ mon, 9+ hour ago (1031+ words) At the end of March 2026, the Reserve Bank of Australia (RBA) issued its Conclusions Paper following...its Review of Merchant Card Payment Costs and Surcharging (Conclusions Paper)....The Conclusions Paper represents a multi-pronged approach to re-evaluating the RBA’s requirements in......
RBA finally bans credit, debit card surcharges
5+ mon, 2+ week ago (836+ words) surcharging to stop,” RBA governor Michele Bullock said in announcing the release of a Conclusions Paper...new regulations were after a public consultation process that began with the release of an Issues Paper...in October 2024 and a formal consultation paper…...
Card surcharges are officially dead in Australia from October
5+ mon, 2+ week ago (231+ words) The RBA’s own consultation paper acknowledged that reducing interchange revenue for banks could lead...According to the RBA’s consultation paper, Australians pay around $1.2 billion in card surcharges each...
The rumor of cash's death is greatly exaggerated
3+ mon, 4+ week ago (651+ words) contactless transactions and a parade of new electronic methods that are always threatening to make paper...
Card and smartphone instead of banknotes: how war and digitalization are changing citizens' payment habits
1+ mon, 1+ day ago (243+ words) Ukrainians are increasingly abandoning paper money in favor of payment cards and smartphones....began to handle cash less often, preferring cashless payments; 11,5 % — almost completely abandoned paper...
National Optimistic Its Paywave Surcharge Ban Will Make It To Reality
5+ mon, 2+ week ago (1040+ words) The bill currently languishes on Parliament's Order Paper, four months after the Finance and Expenditure...
President Trump’s Payments Modernization Deadline Unleashes Federal Digital Shift
11+ mon, 2+ week ago (366+ words) Issued in March, the order requires the Treasury and other agencies to eliminate paper check issuance...The mandate is explicit: paper checks must no longer serve as the default method for government disbursements...
RBA SURCHARGE BAN: BAD FOR BUSINESS AND CONSUMERS
5+ mon, 1+ week ago (850+ words) This week, following extensive consultation with stakeholders, the RBA published its results paper, stipulating...The paper reported that removing surcharges would make card payments simpler and more transparent, serving...
Australia- Card Payments Costs and Surcharging Reforms - What it Means for the Payments Industry
5+ mon, 5+ day ago (118+ words) On 31 March 2026, the Reserve Bank of Australia (RBA) published its conclusions paper titled Merchant...
Twint to launch direct debit from 2027
3+ week, 6+ day ago (159+ words) This would do away with paper forms and “cumbersome processes”....