The Reserve Bank of Australia (RBA) has published a consultation paper on dual-network debit cards and mobile wallets, seeking submissions in response to the call it received from industry players to ...

Visa has legally committed to ensuring that Australian merchants will not receive higher processing costs if they decide to use other debit card networks to process Visa branded dual-network card ...

Least Cost Routing (LCR) or 'merchant-choice routing' is when a payment is routed via the cheapest option for a merchant when a customer makes a contactless dual-network debit card transaction. LCR ...