Sections
Reserve Bank of Australia
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Digital PaymentsAussie Central Bank Considers Regulating ePayments Fees
The Reserve Bank of Australia (RBA), the country’s central bank, is considering reducing the cost of electronic payments for merchants and consumers...
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RegulationAfterpay Pushes Back Against Australia’s Fee Regulation
Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay...
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Payment MethodsAustralia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and...
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Payment MethodsAmazon Australia Integrates BNPL Startup Zip Co
Amazon Australia is partnering with buy now, pay later (BNPL) startup Zip Co, Reuters reported on Wednesday (Nov. 6). News of the...
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B2B PaymentsAustralia’s Big Banks Criticized For Response To Rate Cut
An interest rate cut from Australia’s Reserve Bank has caused controversy in the small business banking sector, with Treasurer Josh Frydenberg praising...
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BankingAussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform
The Reserve Bank of Australia (RBA) has sent a warning to major banks that its slow progress in implementing the New Payments...
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Faster PaymentsAussie’s New Payments Platform (Called New Payments Platform) Goes Live
The Reserve Bank of Australia and its Payments System Board announced on Tuesday (Feb. 13) the launch of a new payments infrastructure –...
