RBA Seeks Feedback on Payment Costs and Surcharging
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The Reserve Bank of Australia (RBA) issued a media release on Tuesday 15 July in conjunction with the release of a Consultation Paper for the Review of Merchant Card Payment Costs and Surcharging. Based on the extensive public consultation since October 2024 is currently proposing the removal of surcharge on eftops, Mastercard and Visa cards;…
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