Backgrounders

Merchant Card Payment Costs and Surcharging – Issues Paper – October 2024

• Backgrounder on the RBA’s Current Payments Regulations
  This Backgrounder lists the designations, access regimes, standards, undertakings, guidance and exemptions as at October 2024 relevant to the regulation of the payments system.
• Backgrounder on Interchange & Scheme Fees
  This Backgrounder describes interchange and scheme fees and explains interchange fee regulation in Australia as at October 2024.
• Backgrounder on Least-cost Routing
  This Backgrounder describes least-cost routing and its impact on payment costs.
• Backgrounder on Payment Surcharges in Australia
  This Backgrounder describes the current surcharging framework that applies to payment surcharges in Australia, the impact of surcharges on consumers and the approach taken to surcharges in other jurisdictions.