Payment Systems (Regulation) Act 1998 - Interchange Fees in the EFTPOS System (November 2012)
Interchange Fees in the EFTPOS SystemInterchange Fees in the EFTPOS System
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Interchange Fees in the EFTPOS System
This notice is published in accordance with the requirements set out in Section 29(2)(a) of the Payment Systems (Regulation) Act 1998 (the Act).
The Reserve Bank of Australia determines, in accordance with Section 18 of the Act, the Standard Interchange Fees in the EFTPOS System to be complied with by participants in the payment system operated within Australia known as the EFTPOS system, which was designated as a payment system on 12 June 2012 in Designation No 1 of 2012. The Standard will commence on 1 July 2013.