Reserve Bank of Australia

62 results about this entity

Period: 10 Sep 2004 - 09 Dec 2024

RBA payments reform a 'dog's breakfast' says credit union

Central bank proposals to slash interchange fees for eftpos and card payment transactions in Australia have been decried as a "dog's breakfast" by the country's major credit union body.

Reserve Bank of Australia regulates national Eftpos network

The Reserve Bank of Australia (RBA) has officially designated the national electronic funds transfer at point of sale (Eftpos) system as a payment system, paving the way for the imposition of standards and possible fee-capping for the network.