Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREVisa warns Reserve Bank over tap-and-go regulation
Card giant Visa has cautioned Australian regulators against rules mandating how retailers process tap-and-go payments, questioning small businesses that claim processing credit payments costs more than debit.
The Reserve Bank of Australia's payments board is currently considering the issue of "least-cost routing", which allows retailers processing tap-and-go payments to elect to direct these through debit channels rather than credit, where higher fees may apply.
Read more at The Age.
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