Australia's central bank on Tuesday proposed to scrap surcharges on most debit and credit card payments for consumers while ...

After an eight month review, the bank’s Payments System Board has concluded the surcharge model no longer works in a ...

The Reserve Bank of Australia (RBA) has announced it wants to end debit and credit card surcharges and lower the cap on interchange fees, after ...

Removing surcharge fees on debit and credit card transactions could save consumers more than $1 billion, but small businesses ...

The Reserve Bank of Australia judged that surcharges on debit and credit cards, including Mastercard and Visa, no longer ...

How the RBA’s proposed changes work for businesses will rely on banks and terminal operators passing through lower fees. Will ...

The Reserve Bank of Australia’s push to ban credit and debit card surcharges “doesn’t solve” the underlying problem surrounding the fees, a small business leader has warned as debate rages over the ...

Small business advocates fear the central bank's plan would not go far enough to ensure merchants benefit from new caps on payment fees.

The RBA’s quiet retreat from surcharging confirms what many suspected -- markets move faster than nudges, and the banks know it.

Most card surcharges will be banned under a payments shake-up proposed by the Reserve Bank, but the small business sector has ...

The Reserve Bank of Australia has called for surcharges on eftpos, Mastercard and Visa cards to be scrapped in a move that ...