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paymentsinnovation.blogspot.com

Innovation in Payments

Tuesday, March 8, 2011. New EFTPOS Fee Model a Spur for Innovation? Well, after 30 years of a fee model out of whack with the industry, EFTPOS Australia finally took the plunge yesterday to announce a new fee structure. Effective 1 October 2011. Card issuers will be paid 5c per transaction for amounts over $15, technically by the merchant acquirer (and perhaps the merchant ultimately). So (in Reserve Bank of Australia terms), what is the price signalling impact of this change and what could it do for the...

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Tuesday, March 8, 2011. New EFTPOS Fee Model a Spur for Innovation? Well, after 30 years of a fee model out of whack with the industry, EFTPOS Australia finally took the plunge yesterday to announce a new fee structure. Effective 1 October 2011. Card issuers will be paid 5c per transaction for amounts over $15, technically by the merchant acquirer (and perhaps the merchant ultimately). So (in Reserve Bank of Australia terms), what is the price signalling impact of this change and what could it do for the...
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Innovation in Payments | paymentsinnovation.blogspot.com Reviews

https://paymentsinnovation.blogspot.com

Tuesday, March 8, 2011. New EFTPOS Fee Model a Spur for Innovation? Well, after 30 years of a fee model out of whack with the industry, EFTPOS Australia finally took the plunge yesterday to announce a new fee structure. Effective 1 October 2011. Card issuers will be paid 5c per transaction for amounts over $15, technically by the merchant acquirer (and perhaps the merchant ultimately). So (in Reserve Bank of Australia terms), what is the price signalling impact of this change and what could it do for the...

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Innovation in Payments: A National Payments Network for Australia?

http://paymentsinnovation.blogspot.com/2010/07/national-payments-network-for-australia.html

Tuesday, July 27, 2010. A National Payments Network for Australia? The Reserve Bank of Australia has called for submissions to support their Strategic Review of Innovation in Australia’s Payment System. My personal belief is that innovation results from either established players aggressively seeking market leadership or entrepreneurs attempting to change the rules of the game to achieve such leadership via market penetration and rapid traction. Some history, lest we forget. For many years through the &#...

2

Innovation in Payments: New EFTPOS Fee Model a Spur for Innovation?

http://paymentsinnovation.blogspot.com/2011/03/new-eftpos-fee-model-spur-for.html

Tuesday, March 8, 2011. New EFTPOS Fee Model a Spur for Innovation? Well, after 30 years of a fee model out of whack with the industry, EFTPOS Australia finally took the plunge yesterday to announce a new fee structure. Effective 1 October 2011. Card issuers will be paid 5c per transaction for amounts over $15, technically by the merchant acquirer (and perhaps the merchant ultimately). So (in Reserve Bank of Australia terms), what is the price signalling impact of this change and what could it do for the...

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Innovation in Payments

Tuesday, March 8, 2011. New EFTPOS Fee Model a Spur for Innovation? Well, after 30 years of a fee model out of whack with the industry, EFTPOS Australia finally took the plunge yesterday to announce a new fee structure. Effective 1 October 2011. Card issuers will be paid 5c per transaction for amounts over $15, technically by the merchant acquirer (and perhaps the merchant ultimately). So (in Reserve Bank of Australia terms), what is the price signalling impact of this change and what could it do for the...

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