Media Release Designation of the EFTPOS System

The Australian Merchant Payments Forum (AMPF) and its members have asked the Reserve Bank for a statement of the reasons for its decision to designate the EFTPOS system on 9 September 2004.

The Bank has today provided the AMPF with a document setting out its reasons. The document is available on the Bank's website.

Enquiries

Philip Lowe
Assistant Governor (Financial System)
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 8510

John Veale
Head of Payments Policy
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 8710

Manager, Media Office
Information Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 9720
Fax: +61 2 9221 5528
E-mail: rbainfo@rba.gov.au