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PayDay News | Australian Payments News

RBA’s hands off scheme fees strategy leaves ball in Chalmer’s court

Senior Business Correspondent
29 Jul, 2025
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Michael Sainsbury
Senior Business Correspondent
29 Jul, 2025
Add us as a preferred source on Google
Facing hugely profitable and highly litigious Visa and Mastercard regulator chose to pull its punches
RBA’s hands off scheme fees strategy leaves ball in Chalmer’s court
Michele Bullock’s Payments System Board has left scheme fees rates charged by the US card giants remain largely untouched. Picture credit: KATRIN BOLOVTSOVA

Facing hugely profitable and highly litigious Visa and Mastercard regulator chose to pull its punches

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