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PayDay News | Australian Payments News

RBA looking closely at “free” blended rates business model

PayDay News
24 Feb, 2025
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Staff Reporter
PayDay News
24 Feb, 2025
Add us as a preferred source on Google
The Governor of the Reserve Bank, Michele Bullock, says the marketing of blended card fees as a free service to merchants is an “unexpected consequence” of the current surcharging rules that is being carefully considered.
RBA looking closely at “free” blended rates business model
RBA Governor Michele Bullock.

The Governor of the Reserve Bank, Michele Bullock, says the marketing of blended card fees as a free service to merchants is an “unexpected consequence” of the current surcharging rules that is being carefully considered.

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