Sydney restaurant owner of Kazzi Beach Greek, Peter Papas, has expressed concerns over the RBA's latest bid to ban fees on debit transactions, fearing the policy may not be able to block large ...

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

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

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 ...

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 judged that surcharges on debit and credit cards, including Mastercard and Visa, no longer ...

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

The central bank said that ending surcharges on debit and credit cards, including on the Mastercard and Visa networks, will save consumers 1.2 billion Australian dollars, equivalent to about US$785 ...

Almost half of girls aged 14 to 15 say they feel unsafe using Barnsley Interchange, according to a council-led survey. The ...

LONDON (Reuters) -Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in ...

The tribunal’s ruling specifically found that the multilateral interchange fees breach European competition law, marking another chapter in this extended legal battle between merchants and the ...