(AFX UK Focus) 2010-03-14 22:15 Australia not yet decided on credit card fee cut

ukcreditcard | March 15, 2010 | 0 Comments


(AFX UK Focus) 2010-03-14 22:15 Australia not yet decided on credit card fee cut
SYDNEY, March 15 (Reuters) – Australia’s central bank has not yet decided whether to regulate a further reduction in the transaction fees charged by credit card companies, a top official said on Monday. Reserve Bank of Australia Assistant Governor Malcolm Edey told a payments conference it was not yet clear whether competition in the card industry would be enough to ensure lower fees without …

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