LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
Open menu
PayDay News - Payments Industry News Australia
Got a story
to share?
Open menu
LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
PayDay News | Australian Payments News

CBA scheme fees warning piles pressure on RBA

Senior Business Correspondent
20 Aug, 2025
Add us as a preferred source on Google
Michael Sainsbury
Senior Business Correspondent
20 Aug, 2025
Add us as a preferred source on Google
The Reserve Bank’s hands off attitude to scheme fees will be tested by commentary from Australia’s biggest bank when it unveiled its financial results last week.
CBA scheme fees warning piles pressure on RBA
PayDay News

The Reserve Bank’s hands off attitude to scheme fees will be tested by commentary from Australia’s biggest bank when it unveiled its financial results last week.

Subscriber article

This article is available to PayDay News subscribers.

Subscribe to continue reading
PAYDAY NEWS ANNIVERSARY EDITION

trending

Post office overhaul could further shrink cash and payments capability
Australia Post promises at least 4,000 retail outlets, but some already operate without cash and hundreds lack Bank@Post, raising questions about what cash and payment services will survive
The Interchange Bench
On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as
Coles Pay closes as the company steps into bank rewards void
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
ASD warns Australian online stores under active cyber attack
Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a critical vulnerability was being actively exploited.
AUSTRAC crackdown is good for Aussie crypto, executives say
Crypto executives say AUSTRAC’s recent crackdowns will strengthen the industry’s legitimacy.

RELATED STORIES ▸

CommBank cuts merchant fees ahead of surcharge ban, but keeps some extra margin
CommBank cuts merchant fees ahead of surcharge ban, but keeps some extra margin
CommBank cuts merchant fees ahead of surcharge ban, but keeps some extra margin
Commonwealth Bank will cut its blended merchant fees to 0.99% from October, but the reduction does not appear to pass ...
Blended dilemma. Why don’t all merchants benefit from interchange cuts?
Blended dilemma. Why don’t all merchants benefit from interchange cuts?
Blended dilemma. Why don’t all merchants benefit from interchange cuts?
The RBA has been regulating interchange for more than two decades but not everyone is a winner. The savings are ...
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
The ACCC has cleared the National Australia Bank, Westpac, ANZ and Bank of Queensland to start their regional ATM experiment, ...
Luxury Escapes may cut loyalty points as savings fail to emerge
Luxury Escapes may cut loyalty points as savings fail to emerge
Luxury Escapes may cut loyalty points as savings fail to emerge
Luxury Escapes is considering varying its own rewards points by payment method, and its CEO Adam Schwab says the merchant ...
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Just days after posting a record profit, Commonwealth Bank has suffered a card processing error which saw some of its ...
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac New Zealand has passed $250 million in open banking payments as customer adoption accelerates, providing an early indication that ...

Got a story to share?

Get in touch with PayDay News today!
Click here to email us

Topics

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information