acquirers

  • Card Scheme and Processing Separation: The IFR Independence Rules

    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…

  • RBA Payments System Board June 2026: What Australian PSPs Must Act On

    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…