Central Banking

RBA’s Richards gauges sentiment on card payments regulation

reserve-bank-of-australia
Reserve Bank of Australia

The Reserve Bank of Australia's (RBA's) Tony Richards today (October 21) set out the areas of "common ground" and the "real differences" that have surfaced in responses to the ‘issues paper' released on card payments regulation.

Richards, the head of payments policy, told an audience in Sydney that stakeholders had expressed "fairly wide acceptance" that the widening of the international schemes' interchange fee schedules had created issues.

One areas where there was more contrast in views

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