Australia could intervene to unwind Visa, Mastercard preferential payment structure
Australian regulators would
consider intervening to stop banks from automatically directing
“tap-and-go” card payments through the world’s largest payment
processors Visa and Mastercard Inc., the Reserve
Bank of Australia (RBA) said Wednesday.
consider intervening to stop banks from automatically directing
“tap-and-go” card payments through the world’s largest payment
processors Visa and Mastercard Inc., the Reserve
Bank of Australia (RBA) said Wednesday.
Posted by Reuters
