Blended pricing

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Chalmers ready to pull the trigger on merchant fee reform
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Chalmers ready to pull the trigger on merchant fee reform

The clock is already ticking for the Albanese Government to lower merchant service fees and ban surcharging on debit transactions - two of the Labor Party’s policy pledges at the recent federal election.The legislative reforms create wide-ranging discretionary powers for the Treasurer to regulate payments system participants.

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Wild ride for Aussie payments outfits set to continue
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Wild ride for Aussie payments outfits set to continue

The last 12 months has seen significant volatility in the share price of Australian publicly listed payments companies, and we haven’t seen the end of this unpredictability.

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Payments sector shake up looming ahead of RBA findings
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Payments sector shake up looming ahead of RBA findings

Australia's payments sector is bracing for significant upheaval ahead of regulatory change this year, with market consolidation and cashed up new entrants set to reshape the landscape.

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RBA focused on reducing wholesale card fees for SMEs, but blended rates have complicated the issue
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RBA focused on reducing wholesale card fees for SMEs, but blended rates have complicated the issue

The Reserve Bank of Australia (RBA) has told a large industry forum in Sydney that it has “significant and ongoing” concerns about small businesses having to pay much higher fees for card processing than big business.