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RESERVE BANK OF AUSTRALIA

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.

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Received by 23 October 2009

Australia and New Zealand Banking Group Limited
Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 19K]
23 October 2009

Australian Bankers’ Association
Letter and Submission [PDF 116K]
23 October 2009

Australian Merchant Payments Forum and Australian Retailers Association
Letter [PDF 62K]
Submission to the Reserve Bank of Australia: Comment on Proposed Changes to EFTPOS Interchange Fee Standard [PDF 79K]
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’ [PDF 65K]
23 October 2009

Australian Settlements Limited
Letter [PDF 270K]
19 October 2009

Commonwealth Bank of Australia
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 196K]
22 October 2009

EFTPOS Payments Australia Limited
Proposed Changes to the EFTPOS Interchange Standard [PDF 61K]
23 October 2009

Indue Ltd
Submission on Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 102K]
23 October 2009

MasterCard Worldwide
Submission on Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 811K]
23 October 2009

MWE Consulting Pty Ltd
Letter [PDF 30K]
21 October 2009

National Australia Bank Limited
Proposed Changes to the EFTPOS Interchange Standard [PDF 40K]
22 October 2009

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

Westpac Banking Corporation
Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 227K]
22 October 2009

Received after 23 October 2009

Abacus - Australian Mutuals Limited
Consultation on Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 44K]
30 October 2009

Visa AP (Australia) Pty Ltd
Proposed Changes to the EFTPOS Interchange Fee Standard [PDF 491K]
28 October 2009