Retail
ePAL criticised for selective EFTPOS fees
The Federal Court has reached a verdict in the case of ALDI versus EFTPOS Payments Australia Limited (ePAL),ruling in favour of full and fair disclosure of EFTPOS fees in Australia.
The Federal Court has reached a verdict in the case of ALDI versus EFTPOS Payments Australia Limited (ePAL),ruling in favour of full and fair disclosure of EFTPOS fees in Australia.
An “unacceptable number” of payment system outages over the past 12 months has led the Reserve Bank of Australia’s (RBA) payment arm to warn the industry to boost innovation and stability or face regulatory intervention.
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