After an eight month review, the bank’s Payments System Board has concluded the surcharge model no longer works in a ...

Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.

Small business says it will be the “piggy in the middle” as worried banks and credit card providers won’t lower fees enough ...

NIFTY BANK index closed a lacklustre week with a loss of 0.49%. Kotak Mahindra Bank was the highest gainer, rising 4.26% ...

The Reserve Bank of Australia is proposing to remove surcharges on eftpos, Mastercard and Visa cards, in a move that could ...

The Reserve Bank of Australia (RBA) wants to end debit and credit card surcharges in Australia and says it would save consumers $1.2 billion every year. The changes would come into effect from July, ...

How the RBA’s proposed changes work for small and large businesses will rely on banks and terminal operators passing through ...

Learn how to move from Australia to Thailand with tips on visas, housing, finances, and health insurance for a smooth start.

SYDNEY (Reuters) -Australia's central bank on Tuesday proposed to scrap surcharges on most debit and credit card payments for ...

Australian stocks closed on a fresh record high on Tuesday, while the Reserve Bank proposed an end to credit and debit card ...