News
Australia card payments slow as Global Data sees $790b in 2026
19+ hour, 55+ min ago (369+ words) Contactless use in public transport is helping sustain everyday card activity. Australia's card payments market is slated for $789. 9b this 2026, driven by near-universal banking access, a well-developed POS acceptance network, and rising contactless usage. The total card payment value in Australia…...
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Australia to scrap card surcharges in October
1+ mon, 4+ week ago (293+ words) The RBA noted businesses charging the same rate on all cards. Australia's central bank is removing surcharges on debit, prepaid, and credit cards on designated eftpos and card networks, saying that it no longer achieves its original purpose. Separately, the…...
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