While all eyes are on Qantas, Virgin Australia has fired a distress flare on the potential impact of the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging – saying it could impact both revenue and Velocity cards.
Virgin Australia Chief Executive Officer and Managing Director, Dave Emerson says the Velocity segment delivered double digit revenue growth last year, while the company flags potential impacts of the RBA’s proposed interchange and surcharging plans. Commentary
While all eyes are on Qantas, Virgin Australia has fired a distress flare on the potential impact of the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging – saying it could impact both revenue and Velocity cards.
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Velocity flies into the interchange and surcharge storm
12 Nov, 2025
Payments Expert
12 Nov, 2025
While all eyes are on Qantas, Virgin Australia has fired a distress flare on the potential impact of the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging – saying it could impact both revenue and Velocity cards.
Subscriber article
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