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PayDay News | Australian Payments News

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

Editor
1 Apr, 2025
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Warwick Ponder
Editor
1 Apr, 2025
Add us as a preferred source on Google
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.
RBA focused on reducing wholesale card fees for SMEs, but blended rates have complicated the issue
PayDay News

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.

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