A senior official from Mastercard Australasia says it is misleading to compare costs of schemes that process card present, card not present and international debit transactions with a domestic-only debit scheme, namely eftpos, that, at this stage, processes very few card not present transactions.
Financial payment systems and software solutions provider DataMesh Group has announced it has created new technology that will automatically apply least cost routing inside Australia's debit card system.
Financial payment systems and software solutions provider DataMesh Group has signed a long-term deal with big Australian retailer Peregrine Corporation.
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