Card payments provider Tyro Payments wants the Reserve Bank to take further action to eliminate interchange fees which banks and other financial institutions charge each other for processing credit and debit card transactions.
Is MasterCard desperate for Australians to give up cash? Cash may ‘no longer be King’ according to a MasterCard survey, but is that just a credit card company’s dream scenario?
Westpac has launched card activation via mobile which allows the bank’s customers to activate a new debit or credit card using their smartphone camera.
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