Cash warns banks to reduce 'tap and go' fees
James EyersSenior Reporter
Senator Michaelia Cash has called on banks to offer retailers lower fees for contactless card payments, which have risen during the pandemic crisis, by offering "least-cost routing" to merchants.
Michaelia Cash has written to the ABA to ensure it is listening to the Reserve Bank's warnings on least-cost routing of 'tap and go' payments. Philip Gostelow
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles