Submissions on the Proposed Changes to the EFTPOS Interchange Fee Standard

On 24 September 2009 the Reserve Bank gazetted a revised Draft Standard for the Setting of Interchange Fees in the EFTPOS System and released a Consultation Proposal setting out the Bank's reasoning. The Bank sought comments on the proposed revisions. The following submissions have been received.

Received by 23 October 2009

Australia and New Zealand Banking Group Limited
Proposed Changes to the EFTPOS Interchange Fee Standard 19KB
23 October 2009

Australian Bankers’ Association
Letter and Submission 116KB
23 October 2009

Australian Merchant Payments Forum and Australian Retailers Association
Letter 62KB
Submission to the Reserve Bank of Australia: Comment on Proposed Changes to EFTPOS Interchange Fee Standard 79KB
23 October 2009

Australian Payments Clearing Association
Submission to the Reserve Bank of Australia on ‘Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard’ 65KB
23 October 2009

Australian Settlements Limited
Letter 270KB
19 October 2009

Commonwealth Bank of Australia
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard 196KB
22 October 2009

EFTPOS Payments Australia Limited
Proposed Changes to the EFTPOS Interchange Standard 61KB
23 October 2009

Indue Ltd
Submission on Proposed Changes to the EFTPOS Interchange Fee Standard 102KB
23 October 2009

MasterCard Worldwide
Submission on Proposed Changes to the EFTPOS Interchange Fee Standard 811KB
23 October 2009

MWE Consulting Pty Ltd
Letter 30KB
21 October 2009

National Australia Bank Limited
Proposed Changes to the EFTPOS Interchange Standard 40KB
22 October 2009

Tyro Payments
Submission - Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard 89KB
Additional comments - Grandfathering of bilateral agreements 49KB
23 October 2009

Westpac Banking Corporation
Proposed Changes to the EFTPOS Interchange Fee Standard 227KB
22 October 2009

Received after 23 October 2009

Abacus - Australian Mutuals Limited
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard 44KB
30 October 2009

Visa AP (Australia) Pty Ltd
Proposed Changes to the EFTPOS Interchange Fee Standard 491KB
28 October 2009