Australia could intervene to unwind Visa, Mastercard preferential payment structure
04 Feb Australia could intervene to unwind Visa, Mastercard preferential payment structure
Posted at 07:06h
in
News
by KMFSLLP
Australian regulators would
consider intervening to stop banks from automatically directing
“tap-and-go” card payments through the world’s largest payment
processors Visa and Mastercard Inc., the Reserve
Bank of Australia (RBA) said Wednesday.
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