Articles with tag eftpos-payments

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eftpos proposal needs revision

Australia's four major banks and Woolworths and Coles will be the only beneficiaries if new regulations of the eftpos payment system are allowed, Tyro Payments warned.

Posted Mon 06/08/2012 12:00:00 / Read More »

eftpos usage grows steadily

ePAL indicated that eftpos transactions volumes grew from 178.2 million to 180.7 million from April to May.

Posted Thu 28/07/2011 12:00:00 / Read More »

ANF urges EPAL to reconsider

The ANF is asking the ederal government and banks to reconsider the new eftpos fees system that was introduced by EPAL in early March.

Posted Thu 24/03/2011 12:00:00 / Read More »

Retailers slam EPAL for eftpos fees

The ARA said smaller retailers cannot afford the increased merchant rates and has called on the big banks to absorb costs.

Posted Thu 10/03/2011 12:00:00 / Read More »

New eftpos model, new fees

EPAL has announced a new multilateral interchange fee model for eftpos transactions, part of a package of measures to strengthen the competitiveness of the popular system.

Posted Tue 08/03/2011 12:00:00 / Read More »

Talks for a level playing field for eftpos

In a recent meeting, the Payments System Board of the RBA discussed date reporting requirements imposed by international card schemes on some transactions through the eftpos system, and brand fees imposed by one scheme on those transactions.

Posted Mon 28/02/2011 12:00:00 / Read More »

Eftpos fees in negotiation

The organisation behind Australia's eftpos payment system has confirmed it is currently in talks with banks, retailers and other industry participants ahead of changes to interchange fees linked to eftpos.

Posted Tue 08/02/2011 12:00:00 / Read More »

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