In October 2026 the Reserve Bank of Australia published its Summary of Submissions to the Review of Payments System Regulation Issues Paper; the document itself is dated 6 October 2026. Seventy-five stakeholders answered the Issues Paper released on 25 June 2026. The RBA published 56 of those submissions in August and received the rest on…
For payment card schemes within Article 7 of Regulation (EU) 2015/751, Commission Delegated Regulation (EU) 2018/72, in force since 7 February 2018, specifies the card scheme processing separation requirements: the accounting, organisational and decision-making independence applying between schemes and processing entities. Article 7 does not apply to three-party payment card schemes unless the scheme is…
An Australian acquirer that keeps surcharging logic running past 30 September 2026 will be applying fees the rules no longer permit. A designated card network or large acquirer that misses the new publication dates will be out of step with the RBA Standards registered on the Federal Register of Legislation. The June 2026 RBA Payments…