The RBA has completed its Review of Retail Payments Regulation and decided to not mandate Least Cost Routing.
RBA’s decision on Least Cost Routing falls short of industry expectations Read More »
The Australasian Association of Convenience Stores (AACS) have backed calls from major retail associations for the Reserve Bank to mandate least-cost routing for merchants. C&I Magazine reported last week that ACAPMA, ARA, COSBOA and MGA had formed the Fairer Merchant Fees Alliance to push for the RBA to reduce merchant fees for ‘tap and go’
AACS back calls for least-cost routing Read More »
