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The Reserve Bank of Australia is considering changing payment costs for merchants


The Reserve Bank of Australia (RBA) is exploring the possibility of reducing the cost of electronic payments for merchants and consumers.

The RBA could step in to help merchants make electronic payments cheaper

According to a speech by Deputy Governor Michele Bullock, the central bank could use its regulatory skills to improve payment plans offered to merchants after a decline in ATM and cash usage.

Bullock Says ATMs Withdrawals In …



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