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

Consumers are estimated to pay $1.2 billion in surcharges on payments each year, the equivalent of $60 per card-using adult.

Australian consumers could stop paying $1.2bn in sneaky surcharge fees, following a simple change proposed by the Reserve Bank of Australia.

The Reserve Bank of Australia wants to scrap surcharge fees on card payments and cut other fees, in a move it thinks will ...

The central bank wants to end surcharging on eftpos, Mastercard and Visa cards from next July, following a review finding the ...

The three-pronged overhaul of the current payments system would eradicate surcharges on all debit and credit transactions.

The Reserve Bank of Australia (RBA) has today released a Consultation Paper as part of its Review of Merchant Card Payment ...

A rally on Wall Street is likely to send Australian stocks higher, while the Reserve Bank is announcing the outcome of its ...

To get the most from your Travel Money Card, always pay in the local currency supported by your card when given the chance.

The central bank says consumers could save close to $1.2 billion a year if surcharges across all credit and debit cards are banned by mid-next year.

"Integrating with PayPal is a major step in our mission to make crypto more accessible to everyone," said Erald Ghoos, CEO of ...