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PayDay News | Australian Payments News

Bank lobby conflates NPP costs with cards fees … and threatens more fees!

Editor
15 Apr, 2026
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Warwick Ponder
Editor
15 Apr, 2026
Add us as a preferred source on Google
Small businesses and cardholders might soon be paying higher card fees to help the big banks’ build the New Payments Platform (NPP) and defend their profits from multinationals, according to bank lobbyists.
Bank lobby conflates NPP costs with cards fees … and threatens more fees!
ABA CEO Simon Birmingham says consumers face the possibility of higher card fees, higher rates and shorter interest-free periods.

Small businesses and cardholders might soon be paying higher card fees to help the big banks’ build the New Payments Platform (NPP) and defend their profits from multinationals, according to bank lobbyists.

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