KM Financial Solutions | CORRECTED-UPDATE 1-Australia c.bank looks to rid Visa, Mastercard of debit payments edge
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CORRECTED-UPDATE 1-Australia c.bank looks to rid Visa, Mastercard of debit payments edge

CORRECTED-UPDATE 1-Australia c.bank looks to rid Visa, Mastercard of debit payments edge

Australian regulators will
consider intervening to stop banks from automatically directing
“tap-and-go” card payments through the world’s largest payment
processors Visa and Mastercard Inc., the central
bank said on Wednesday.

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