Australia moves to give RBA oversight of Apple Pay
Australia's government has set out plans to regulate digital wallet providers such as Apple and Google in the same way as other payment services.
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Australia's government has set out plans to regulate digital wallet providers such as Apple and Google in the same way as other payment services.
Treasurer Jim Chalmers has introduced significant reforms to modernise the regulation of payment systems in Australia.
The Australian Banking Association (ABA) has welcomed the Treasurer’s announcement today of a major overhaul of Australia’s payments system. “A
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The way money is spent, transferred, or exchanged has changed over the last few decades. The consumer movement from cash-based transactions to cashless transactions has been a distinct change across all countries.